The Board of Directors of Eramet announces the departure of CEO Paulo Castellari and details the financial terms of his exit. Castellari will receive a prorated fixed remuneration of 66,666.6 euros for the period from January 1 to February 1, 2026. His short-term variable remuneration for 2025 will be determined later and subject to approval by the General Shareholders’ Meeting in May 2026. No variable remuneration is planned for 2026. Castellari’s share-based remuneration rights have lapsed due to not meeting performance conditions. He will not receive severance indemnity or non-compete indemnity, but will retain rights under the retirement plan.
Read more at GlobeNewswire: Information on the financial terms of the departure of
