Management ChangeJun 12, 2026, 04:17 PM
NN Inc. Senior VP, General Counsel Jami Statham to Depart
AI Summary
NN Inc. announced that Jami A. Statham will step down from her role as Senior Vice President, General Counsel, and Corporate Secretary, effective July 9, 2026. Her departure is not due to any disagreement with the company. A Transition Agreement has been put in place, ensuring she receives her current base salary, benefits, continued equity vesting, and a pro-rated 2026 annual target bonus. The company plans to engage an external search firm to identify candidates for her successor.
Key Highlights
- Jami A. Statham will step down as Senior Vice President, General Counsel, and Corporate Secretary.
- Her departure is effective as of the close of business on July 9, 2026.
- Ms. Statham's decision was not due to any disagreement with the company's operations, policies, or practices.
- She will continue to serve through the transition date and cooperate in transferring duties.
- NN Inc. will retain an external search firm to find a successor for the role.
- A Transition Agreement ensures Ms. Statham receives her current base salary, standard benefits, continued equity vesting, and a pro-rated 2026 annual target bonus.
Price Impact
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