Amrize Ltd (NYSE:AMRZ) filed a current report on August 24, 2026, disclosing the appointment of Samuel J. Poletti as Chief Financial Officer, effective that same date, and the departure of outgoing CFO Baris Oran.

Key Highlights

  • New CFO appointed: Samuel J. Poletti, age 45, became Chief Financial Officer effective August 24, 2026, succeeding Baris Oran.
  • Prior role at Amrize: Mr. Poletti had served as Chief Strategy and M&A Officer since the company's spin-off from Holcim Ltd in June 2025.
  • Base salary: Mr. Poletti is entitled to an initial annual base salary of $725,000.
  • Bonus structure: His initial annual bonus target is 100% of base salary, with a maximum annual bonus entitlement of 200% of base salary.
  • Equity award: Mr. Poletti will receive additional performance stock units with a grant date fair value of $860,000 in respect of the 2026 award cycle.
  • Assignment allowances: Under the International Assignment Agreement, he will receive an annual car allowance of $29,000 and an annual housing allowance of $100,000.
  • Oran's departure: The filing states Mr. Oran's departure "is not related to any disagreement" with the company on matters relating to financial controls, reporting, operations, policies, or practices; a 12-month notice period runs until August 24, 2027.

Poletti Appointment and Compensation Terms at Amrize Ltd

According to the filing, Amrize Ltd's Board of Directors appointed Samuel J. Poletti as Chief Financial Officer, effective August 24, 2026. Mr. Poletti, age 45, had served as the company's Chief Strategy and M&A Officer since the company's spin-off from Holcim Ltd in June 2025, and previously served as Holcim's Global Head of M&A from 2018 to June 2025. Prior to that, the filing states he held various other roles at Holcim, including Vice President, Senior M&A Manager and Assistant Vice President, Head of Strategy and Business Development South Asia.

The company disclosed that it entered into an Employment Agreement and an International Assignment Agreement with Mr. Poletti, both dated and effective August 24, 2026. The Employment Agreement is of unlimited duration and may be terminated by either party upon twelve months' prior written notice. The Assignment Agreement, which supersedes any inconsistent terms in the Employment Agreement, is expected to continue for five years until August 23, 2031. The filing notes that Mr. Poletti "is not eligible to receive any termination or change of control payments under either agreement" and that he is subject to non-competition, non-solicitation, and confidentiality covenants.

Regarding the outgoing CFO, the filing states that Baris Oran informed the company on August 24, 2026, that he was stepping down for personal reasons. His service as CFO ended that date, and his 12-month notice termination period commenced, continuing until August 24, 2027, during which he will remain an employee. The filing also states that the company's press release issued the same day is furnished as Exhibit 99.1 and is not deemed "filed" for purposes of Section 18 of the Exchange Act.

What Was Disclosed

Amrize Ltd reported the appointment of Samuel J. Poletti as CFO effective August 24, 2026, disclosed his compensation terms and employment agreements, and confirmed Baris Oran's departure from the CFO role for personal reasons with a 12-month notice period commencing the same date.