EX-10.29 7 wor-ex10_29.htm EX-10.29 EX-10.29

Exhibit 10.29

 

ANNUAL BASE SALARIES APPROVED FOR NAMED EXECUTIVE OFFICERS

OF

WORTHINGTON INDUSTRIES, INC.

 

In June 2023, the Compensation Committee of the Board of Directors of Worthington Industries, Inc. (the “Registrant”) approved base salary increases for the following executive officers of the Registrant who will be named executive officers of the Registrant for purposes of the disclosure to be included in the Registrant’s Proxy Statement for the 2023 Annual Meeting of Shareholders to be held on September 27, 2023, which will become effective in September 2023.

 

Name and Principal Position

 

 

Base Salary

 

 

 

 

 

B. Andrew Rose

President and Chief Executive Officer

 

 

$

825,000

 

 

 

 

 

Joseph B. Hayek

 

 

 

 

Vice President and Chief Financial Officer

 

 

$

532,500

 

 

 

 

 

Geoffrey G. Gilmore

Executive Vice President and Chief Operating Officer

 

 

$

679,800

 

 

 

 

 

John P. McConnell

Executive Chairman

 

 

$

441,334

 

 

 

 

 

Steven M. Caravati

President, Consumer Products

 

 

$

360,000