KBR Inc. filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): July 8, 2025
(Exact name of registrant as specified in its charter)
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Registrant's telephone number including area code: (713 ) 753-2000
Securities registered pursuant to Section 12(b) of the Act:
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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):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
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ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) Departure of Directors or Certain Officers.
On July 8, 2025, Byron Bright, Chief Operating Officer (“COO”) of KBR, Inc. (“KBR”), offered his resignation and will depart from his role as COO effective July 11, 2025.
In connection with his departure, Mr. Bright entered into a Resignation, General Release and Settlement Agreement dated July 8, 2025 (the “Settlement Agreement”), pursuant to which he will receive payments and benefits consistent with the Severance and Change in Control Agreement entered into between KBR and Mr. Bright on January 1, 2021, for a termination without cause, which generally provides for a lump-sum severance payment in the amount of $1,500,000. The Settlement Agreement includes a general release of claims and requires Mr. Bright’s continued compliance with the covenants and obligations referenced within the Severance Agreement.
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are filed as part of this report:
| Exhibit No. | Description | |||||||
| Resignation, General Release and Settlement Agreement dated July 8, 2025, between KBR and Byron Bright | ||||||||
| KBR, Inc. press release dated July 9, 2025, titled, “KBR Announces Leadership Change.” | ||||||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL | |||||||
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.
| KBR, INC. | ||||||||
| July 9, 2025 | /s/ Sonia Galindo | |||||||
| Sonia Galindo | ||||||||
| Executive Vice President, General Counsel & Corporate Secretary | ||||||||