Babcock & Wilcox Enterprises Inc. has announced new compensation terms for outgoing Executive Vice President, General Counsel & Corporate Secretary John Dziewisz, who will leave the company after 30 years of service on May 31, 2026. Under a Separation Agreement, Dziewisz will receive $500,000 in severance pay distributed over a year, accelerated vesting of previously awarded restricted stock units and cash retention bonuses, one year of outplacement services, and company-paid healthcare premiums under COBRA for three months. He will also remain entitled to payment of any annual bonus and long-term cash incentive awards earned based on 2025 performance. Additionally, Dziewisz will provide transition consulting through December 31, 2026, for a monthly fee of $20,000.
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