BORGWARNER INC (BWA): Form 8-K filed 2026-11-13
- Accepted by EDGAR
- 2026-11-13 16:14 ET
- Event date
- 2026-11-10
- Accession no.
- 0000908255-26-000076
- Original filing
- SEC EDGAR filing index
AI summary of the filing text. It can contain mistakes; the original filing is authoritative.
BorgWarner discloses Tonit Calaway's retirement and consulting agreement
BorgWarner entered into an agreement for Tonit Calaway, its Chief Administrative Officer, General Counsel and Secretary, to retire effective March 1, 2027. She will continue in her current roles until retirement, then consult through March 1, 2028 for $62,917 monthly. She remains eligible for a 2026 performance-based bonus but not a 2027 annual bonus or long-term incentive award.
- BorgWarner entered into a transition agreement with Tonit Calaway on November 10, 2026.
- Calaway will retire as an officer and employee effective March 1, 2027.
- She will receive her current annual base salary of $755,000 through retirement.
- She will consult through March 1, 2028 for a monthly fee of $62,917.
executive change
Items reported
- Item 5.02: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
A director or a named officer (such as the CEO or CFO) left or was appointed, or certain executive compensation arrangements were adopted or changed.
Documents
| Type | Description | Document |
|---|---|---|
| 8-K | 8-K | bwa-20261110.htm |
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