Novelis Inc.
09/11/2025 | Press release | Distributed by Public on 09/11/2025 12:37
Management Change/Compensation (Form 8-K)
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 8, 2025, Cary Chenanda, Executive Vice President and President of Novelis North America, separated from Novelis Inc. (the "Company"). Mr. Chenanda is entitled to receive compensation and benefits consistent with a qualifying termination pursuant to his Offer Letter, which has been filed as an exhibit to the Company's most recent Annual Report on Form 10-K (as amended, the "Annual Report") and material terms of which are described therein. Mr. Chenanda is also a participant in the Company's Executive Severance Plan (the "Plan") and is entitled to the compensation and benefits consistent with a qualified termination under the Plan, which is also described in and filed as an exhibit to the Annual Report.
Item 8.01 Other Events.
On September 11, 2025, the Company announced that Greg Schlicht was named Executive Vice President and President of Novelis North America, effective immediately. Mr. Schlicht joined Novelis in 2009 as a member of the legal department and, since then, he has occupied various leadership positions at the Company, most recently being the Chief Commercial Officer and Vice President of Commercial for Novelis North America, where he led all aspects of sales for the region.
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