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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 14, 2024
ATI Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 1-12001 | 25-1792394 | ||
| (State or other jurisdiction | (Commission | (IRS Employer | ||
| of incorporation) | File Number) | Identification No.) | ||
| 2021 McKinney Avenue, Dallas, Texas | 75201 | |||
| (Address of principal executive offices) | (Zip Code) | |||
Registrant’s telephone number, including area code (412) 394-2800
N/A
(Former name or former address, if changed since last report).
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
Trading |
Name of each exchange on which registered |
||
| Common Stock, par value $0.10 per share | ATI | New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 8.01. | Other Events. |
On March 14, 2024, ATI Inc. (the “Company”) issued the attached press release announcing Vaishali Bhatia has been appointed as its Senior Vice President, General Counsel and Chief Compliance Officer, effective March 20, 2024.
A copy of the Company’s press release is attached hereto as Exhibit 99.1.
| Item 9.01. | Exhibit |
| (d) | Exhibit 99.1 | Press Release dated March 14, 2024 | ||
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ATI Inc. | ||
| By: | /s/ Robert S. Wetherbee |
|
| Robert S. Wetherbee | ||
| Board Chair and Chief Executive Officer | ||
Dated: March 14, 2024
Exhibit 99.1
NEWS RELEASE
| ATI Inc. | Investor Contact: | Media Contact: | ||
| Corporate Headquarters | David Weston | Natalie Gillespie | ||
| 2021 McKinney Avenue, Suite 1100 | 412.394.2908 | 412.389.3124 | ||
| Dallas, TX 75201 U.S.A. | David.Weston@ATImaterials.com | Natalie.Gillespie@ATImaterials.com | ||
| www.ATImaterials.com | ||||
ATI names Vaishali Bhatia General Counsel and Chief Compliance Officer
DALLAS, TX—March 14, 2024—ATI Inc. (NYSE: ATI) has named Vaishali Bhatia Senior Vice President, General Counsel and Chief Compliance Officer, effective March 20, 2024. She’ll lead all aspects of the legal function for the aerospace and defense company—including corporate governance, compliance, corporate social responsibility strategies and reporting, and risk management—and collaborate closely with business teams to provide risk-based legal partnership. Bhatia reports to ATI Board Chair and CEO Robert S. Wetherbee and serves on the company’s Executive Council.
Bhatia succeeds ATI Chief Legal and Compliance Officer Elliot Davis, who announced his intention to retire effective October 1, 2024. Until that time, Davis will serve as Special Advisor, Legal and Compliance, to ensure a smooth transition.
“Vaishali is a solutions-focused, strategic business partner with experience across a diverse range of complex legal and compliance matters,” said Wetherbee. “Her proven track record in incredibly demanding markets with long-standing and deep customer relationships will help her to guide ATI as we further develop our aerospace and defense leadership.”
Bhatia joins ATI from HF Sinclair Corporation (HF Sinclair), where she’s served as Executive Vice President since 2023, and General Counsel and Corporate Secretary since 2019. She’s been a part of the diversified energy company for over 12 years, starting as Counsel at HollyFrontier Corporation (HollyFrontier) and Holly Energy Partners, L.P. (HEP). She played a key role in HollyFrontier’s and HEP’s acquisition of Sinclair Oil and Sinclair Transportation Company, and the formation of HF Sinclair as the new publicly traded parent of HollyFrontier and HEP, in 2022, and in HF Sinclair’s buy-in of HEP in 2023.
Bhatia began her career as an associate at the multinational law firm Jones Day. She graduated with a Juris Doctor, summa cum laude, from the University of Illinois College of Law, and a Bachelor of Business Administration in Finance from The University of Texas at Austin. In 2022, she was named “DFW General Counsel of the Year for a Mid-Size Legal Department” by the Texas Law Book and DFW Association of Corporate Counsel.
ATI: Proven to Perform.
ATI (NYSE: ATI) is a global producer of high performance materials and solutions for the global aerospace and defense markets, and critical applications in electronics, medical and specialty energy. We’re solving the world’s most difficult challenges through materials science. We partner with our customers to deliver extraordinary materials that enable their greatest achievements: their products fly higher and faster, burn hotter, dive deeper, stand stronger and last longer. Our proprietary process technologies, unique customer partnerships and commitment to innovation deliver materials and solutions for today and the evermore challenging environments of tomorrow. We are proven to perform anywhere. Learn more at ATImaterials.com.