Amentum Holdings, Inc. Appoints New Chief Operating Officer, Increases Authorized Shares and Executes Stock Split
In a strategic move, Amentum Holdings, Inc., previously known as Amazon Holdco Inc., has announced the appointment of Stephen A. Arnette as the new Chief Operating Officer, effective immediately. This decision was confirmed by the company's board of directors, signaling a new era of leadership for the organization.
Arnette's professional background and compensation details were disclosed in the company's recent filing with the SEC, indicating transparency and accountability in the appointment process. The filing also revealed that Arnette has no material interest in any transaction that would require disclosure under regulatory guidelines.
In addition to the executive appointment, Amentum Holdings filed a certificate of amendment to its Certificate of Incorporation, increasing the authorized shares of the company's common stock to 1 billion and carrying out a stock split. As a result, the total issued and outstanding shares of the company's common stock now amount to 153,280,369.
This strategic move aligns with the company's plan for a pro rata distribution of shares by Jacobs Solutions Inc. to its stockholders, as previously disclosed. The details of the amendment can be found in Exhibit 3.1 of the report, providing clarity on the company's restructuring efforts.
Amentum Holdings, operating in the Services-Business Services, NEC industry, is based in Delaware with its principal executive offices in Chantilly, Virginia. The company's common stock is listed on the New York Stock Exchange under the ticker symbol AMTM, reflecting its strong presence in the financial market.
These recent developments, including the executive appointment and the amendment to the company's Certificate of Incorporation, were reported in an 8-K filing with the U.S. Securities and Exchange Commission. This filing serves as a valuable resource for investors, offering insights into events that may impact their investment decisions.
In conclusion, Amentum Holdings' strategic moves, such as the appointment of a new COO and the amendment to its Certificate of Incorporation, demonstrate the company's commitment to growth and transparency. Investors can stay informed and make well-informed decisions based on the latest developments in the organization.
