John Vollmer
About John Vollmer
Independent director at Amentum Holdings, Inc. (AMTM), age 67, serving since 2024. Former CEO of Amentum (2020–2022) with 40+ years supporting U.S. military and federal agencies, focused on IT, communications, and command-and-control. Education: Flagler College, B.A. in Business Economics. Core credentials include CEO/COO experience, deep government contracting expertise, and intimate knowledge of Amentum’s history and culture .
Past Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Amentum Holdings, Inc. | Chief Executive Officer | 2020–2022 | Led company pre-merger; deep understanding of company operations |
| AECOM Management Services Group | President | 2016–2020 | Ran federal services business later forming part of Amentum |
| URS Corporation Federal Services | Group EVP & Chief Operating Officer | 2009–2015 | Federal services leadership and operations |
| Amentum Joint Venture GP LLC (Sponsor structure) | Chairman & Member, Board of Managers of GP of Amentum Joint Venture LP | Former (dates not specified) | Governance of sponsor-controlled GP |
External Roles
| Organization | Role | Tenure | Committees/Impact |
|---|---|---|---|
| Yellow Ribbon Fund, Inc. (501(c)(3)) | Director | Current | Non-profit supporting wounded service members and families |
Board Governance
- Independence status: The Board determined Vollmer is independent under NYSE standards; AMTM’s board has a majority of independent directors .
- Committee assignments: None (not listed on Audit, Compensation, or Nominating & Governance) .
- Chair roles: None .
- Attendance: No FY2024 board or committee meetings occurred (Board appointed at fiscal year-end); attendance will be assessed prospectively .
- Lead independent director: Benjamin Dickson (not Vollmer) .
- Nomination source: Designated as a director nominee by “Sponsor Stockholder” under the Stockholders Agreement (sponsor groups include American Securities and Lindsay Goldberg) .
- Corporate opportunity waiver for sponsor-affiliated directors: Charter/Stockholders Agreement renounces interest in certain opportunities, allowing sponsor-affiliated directors to pursue them unless offered solely in their AMTM capacity (potential conflict consideration) .
Fixed Compensation
| Component | Amount | Notes |
|---|---|---|
| Board Cash Retainer (through 3/5/25) | $62,500 | Partial-year at 50% of Jacobs director pay due to ~6-month service period; paid quarterly in arrears |
| Committee Chair Additional Retainer | $12,500 | Only if serving as chair; not applicable to Vollmer (no chair role) |
| Lead Independent Director Retainer | $50,000 | Applies to Lead Independent Director (Dickson), not Vollmer |
| Meeting Fees | $2,000 per meeting beyond thresholds | For meetings beyond 8 (Board/standing committee) or 2 (special committee) per fiscal year |
Exception: In FY2024, prior to the Transaction, Vollmer received $1,250,000 from Legacy Amentum related to termination of his consulting agreement and service as Chair of the Board of Managers of Amentum Joint Venture GP LLC (non-recurring) .
Performance Compensation
| Equity Type | Grant Value | Vesting | Calculation Basis | Notes |
|---|---|---|---|---|
| RSUs (Director Annual Grant, through 3/5/25) | $95,000 | Vest on 2025 annual meeting date (March 5, 2025) | Number of RSUs based on 20-day VWAP (Oct 3–Oct 30, 2024) | Annual director equity granted under Stock Incentive Plan |
- Directors affiliated with certain sponsors (Dickson, Goldberg, Triedman, Wentzell) receive cash in lieu of equity paid to their employers; this does not apply to Vollmer .
- No performance-conditioned equity (e.g., PSUs) or options disclosed for non-employee directors .
Other Directorships & Interlocks
| Category | Details |
|---|---|
| Current public company boards | None disclosed for Vollmer |
| Private/non-profit boards | Yellow Ribbon Fund, Inc. (Director) |
| Interlocks / sponsor designation | Designated by Sponsor Stockholder; sponsor groups (American Securities and Lindsay Goldberg) report significant beneficial ownership and board nomination rights under the Stockholders Agreement . |
Expertise & Qualifications
- CEO and COO experience in federal services; 40+ years serving U.S. defense/intelligence clients .
- Deep domain knowledge of government contracting and Amentum’s operating model .
- Education: Flagler College, B.A. Business Economics .
Equity Ownership
| Holder | Shares Beneficially Owned | % of Outstanding | Notes |
|---|---|---|---|
| John Vollmer | 391,341 | <1% | May receive additional shares due to “Additional Merger Consideration” provisions of the Transaction (general note applicable to certain directors) . |
- Shares outstanding as of Dec 20, 2024: 243,302,257 (context for % calc) .
- Hedging/pledging prohibitions apply to directors; short sales, derivatives, margin, and pledging are prohibited under AMTM’s Insider Trading Policy (alignment positive) .
- Director stock ownership guideline: 5x annual cash retainer within 5 years of board start; RSUs and DSUs count toward compliance .
Governance Assessment
- Strengths:
- Independent status affirmed; significant personal share ownership (~391K shares) supports alignment .
- Prohibitions on hedging/pledging and robust ownership guidelines bolster alignment with shareholders .
- Constraints/risks:
- No committee assignments limit direct influence on audit/comp/governance levers (oversight benefit would rise with future committee service) .
- Sponsor Stockholder designation and corporate opportunity renunciation introduce potential perceived conflicts in situations where sponsor interests may diverge from minority shareholders; these are disclosed and governed by the Stockholders Agreement .
- FY2024 had no board/committee meetings due to Board timing post-Transaction, so attendance/engagement metrics are not yet observable .
- Legacy payment of $1.25M for consulting termination and prior sponsor-GP chair role should be monitored to ensure continuing independence perception; company deems him independent under NYSE standards .
RED FLAGS to monitor:
- Sponsor influence via nomination rights and consent provisions (e.g., proxy access restrictions for a defined period) may shape governance dynamics; observe evolution as standstill/transfer restrictions sunset .
- Any related-party transactions; policy requires Audit Committee review over $120,000—none disclosed for Vollmer post-Transaction beyond standard indemnification agreements .