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    Anne P. Noonan

    President and Chief Executive Officer at SSUM
    Since September 1, 2020
    Age
    60 years
    Education
    Holds a Bachelor of Science in Chemistry and a Master of Science in Organometallic Chemistry from University College Dublin, Ireland.
    Tenure
    Has served as President and Chief Executive Officer at SUM since September 1, 2020.

    Also at SUM

    BDF
    Brian D. Frantz
    Senior Vice President, Chief Accounting Officer, and Treasurer
    CD
    Charles DePriest
    Executive Vice President, East Segment Construction Materials
    CBG
    Chris B. Gaskill
    Executive Vice President, Chief Legal Officer, and Secretary

    About

    Anne P. Noonan is a seasoned executive born in 1964, whose extensive career in the chemical and construction materials industries spans over three decades.

    Graduating with both a BS in Chemistry and an MS in Organometallic Chemistry from University College Dublin, Ireland, she built a strong foundation in science and innovation that propelled her into leadership roles at global companies such as Chemtura Corporation and OMNOVA Solutions Inc..

    Since joining SUM on September 1, 2020, as President and Chief Executive Officer, she has directed the company's strategic initiatives, operational excellence, and sustainability efforts, leveraging her deep expertise in corporate governance, mergers & acquisitions, and risk management.

    $SUM Performance Under Anne P. Noonan

    Past Roles

    OrganizationRoleDate RangeDetails
    OMNOVA Solutions Inc. President and Chief Executive Officer November 2016 – April 2020 Acquired by Synthomer plc
    OMNOVA Solutions Inc. President, Performance Chemicals 2014 – November 2016 Global provider of emulsion polymers, specialty chemicals, and decorative and functional surfaces
    Chemtura Corporation Various roles 27-year tenure, dates not specified Global manufacturer of specialty chemicals

    External Roles

    OrganizationRoleDate RangeDetails
    CF Industries Holdings, Inc. Chairperson of the Corporate Governance and Nominating Committee N/A Active role outside of SUM

    Fixed Compensation

    Data from  FY 2023
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$1,040,000 AnnualBase salary for 2023.
    All Other Compensation$47,628 AnnualIncludes life insurance payments $21,680 and executive health program payments $6,454. Other elements (HSA, parking, entertainment) not specified.

    Performance Compensation

    Data from  FY 2023

    Annual Cash Incentive

    MetricWeightThresholdTargetMaximumActual Achieved
    Adjusted EBITDA60% N/AN/AN/AN/A
    EBITDA Margin10% N/AN/AN/AN/A
    Recordable Incident Rate10% N/AN/AN/AN/A
    Safety Risk Assessment10% N/AN/AN/AN/A
    Bedrock Milestones10% N/AN/AN/AN/A
    Bonus Payment (Dollar Amount)N/A$70,200 $1,404,000 $2,808,000 $2,421,079 (174% of target; 100% individual performance modifier)

    Performance Units (Long-Term Incentive Component)

    MetricValue/ConditionDetails
    Performance MetricsRelative TSR and ROIC TSR measured against a peer group; ROIC calculated over a three-year period
    Threshold Units27,182 units 50% vesting condition
    Target Units54,364 units 100% vesting condition
    Maximum Units108,728 units 200% vesting condition
    Vesting Period3 years January 1, 2023 to December 31, 2025

    Restricted Stock Units (RSUs) - Long-Term Incentive Component

    MetricValueDetails
    Grant DateFebruary 22, 2023 -
    Grant Date Fair Value$1,625,484 For 54,364 RSUs
    Vesting ScheduleTime-vestingEqual annual installments over 3 years

    Target Long-Term Incentive Summary

    ComponentFair ValueDetails
    Performance Units (50%)$1,870,393 Based on TSR and ROIC performance; three-year performance period
    RSUs (50%)$1,625,484 Time-vesting; vesting ratably over 3 years