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Amentum Holdings appoints new COO, expands stock authorization

EditorLina Guerrero
Published 09/27/2024, 03:53 PM
AMTM
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Amentum Holdings, Inc., previously known as Amazon (NASDAQ:AMZN) Holdco Inc., has announced the appointment of Stephen A. Arnette as the new Chief Operating Officer, effective today. The company's board of directors confirmed the appointment on Thursday.

Arnette's professional background and compensation details were disclosed earlier in the company's Amendment No. 4 to the Registration Statement on Form 10 filed on September 13, 2024. According to the filing, Arnette has no material interest in any transaction that would necessitate disclosure under the SEC's regulations.

In a related corporate action, Amentum Holdings filed a certificate of amendment to its Certificate of Incorporation with the Delaware Secretary of State on Thursday. This amendment significantly increased the authorized shares of the company's common stock to 1 billion and executed a stock split. Consequently, the total issued and outstanding shares of the company's common stock now stand at 153,280,369.

The company's move to amend its Certificate of Incorporation aligns with the previously disclosed plan for a pro rata distribution of shares by Jacobs Solutions Inc. to its stockholders. The specifics of the amendment are detailed in Exhibit 3.1 of the report, which is incorporated by reference.

Amentum Holdings, which operates under the Services-Business Services, NEC industry classification, is incorporated in Delaware and has 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.

The 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 provides investors with current information on events that could influence their investment decisions.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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