Management ChangeJul 29, 2026, 04:35 PM
Tronox Appoints Keith Schwarz to Board, Declares $0.05 Dividend
AI Summary
Tronox Holdings plc announced the appointment of Keith Schwarz as an independent director to its Board, effective July 29, 2026. Mr. Schwarz, with over 35 years of public accounting experience, will also join the Company's audit committee and receive standard non-employee director compensation, including a $100,000 annual cash retainer and a $150,000 annual equity grant. Additionally, the company declared a cash dividend of $0.05 per share, payable on October 9, 2026, to shareholders of record as of August 10, 2026.
Key Highlights
- Keith Schwarz appointed as an independent director, effective July 29, 2026.
- Mr. Schwarz was also appointed to serve as a member of the Company’s audit committee.
- He brings over 35 years of experience in public accounting and advisory services.
- Mr. Schwarz will receive an annual cash retainer of $100,000.
- An additional annual retainer of $15,000 will be paid for audit committee service.
- He is entitled to an annual equity grant of $150,000 in time-based restricted share units.
- Tronox Holdings plc declared a cash dividend of $0.05 per share.
- The dividend is payable on October 9, 2026, to shareholders of record on August 10, 2026.
Price Impact
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