EX-10
from 8-K
2 pages
As You Are Aware and in Support of Your Desire to Retire From the Company in 2024, the Board and the Company Have Engaged in a Process to Identify a Successor Chief Financial Officer (“CFO”). Based on the Recent Outcome of That Process, We Expect the New CFO Will Join Ball Corporation (“Company”) on or About September 25, 2023. Dan and the Board of Directors Would Appreciate Your Continued Support Through the Onboarding of the New CFO, Supporting the Closure of Our Recently Announced Aerospace Divestiture, and Advising on Future Business Strategy and Associated Transition Discussions, as Needed. Based on Current Business and Transition Plans, We Expect That You Will Be Employed in This Advisory Role Through Approximately September 30, 2024, Which May Change at the Sole Discretion of the Board or Company. With That, There Will Be Changes to Your Employment Conditions Effective on September 25, 2023, and Further Changes Effective January 1, 2024. We Are Excited for Your Continued Support in the Future and Are Pleased to Share With You a Summary of Your Employment Updates. Changes Effective September 25, 2023: 1. Job Title: A. Your New Job Title Will Be “Advisor”. This Change in Your Title Reflects the Adjustment in Your Responsibilities and the Transition Within Our Executive Leadership Team. 2. Executive Officer: A. You Will No Longer Be Listed as an Executive Officer of the Company. 3. Compensation: A. Your Current Compensation Package Will Remain Unchanged Through December 31, 2023. Changes Effective January 1, 2024: Compensation Changes:
12/34/56
