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Superior Industries International (SUP) has issued an announcement.
C. Timothy Trenary, EVP and CFO of Superior Industries International, announced his retirement effective September 30, 2024, due to personal reasons. He has no disputes with the company and will consult for nine months post-retirement to aid transition, earning $40,000 monthly plus benefits. Dan Lee, previously VP of Finance and CFO Europe, will succeed Trenary as CFO, bringing extensive experience from Tenneco, XPO, and Aptiv. Lee’s compensation includes a $500,000 base salary with possible bonuses and eligibility for executive benefit plans.
Learn more about SUP stock on TipRanks’ Stock Analysis page.