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BWA 8-K: Executive departure

BorgWarner

Filed with the SEC on · accession 0000908255-26-000076

BWA filed a 8-K (current report) with the SEC on Nov 13, 2026. A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The stock moved -0.2% by the first close after the filing.

Summary of the filing

BorgWarner entered into a transition agreement with Tonit Calaway, EVP, Chief Administrative Officer, General Counsel and Secretary, providing for her retirement as an officer and employee effective March 1, 2027, followed by a one-year consulting period through March 1, 2028.

For details, click here →How to read a 8-K →

Key details

Annual base salary through Retirement Date$755K
Monthly consulting fee during Consulting Period$63K
RegistrantBorgWarner Inc.
Executive vice president, chief administrative officer, general counsel and secretaryTonit Calaway
Executive vice president and chief financial officerCraig Aaron

How BWA stock reacted

Close before

$50.99

Nov 12, 2026

First close after

-0.20%

$50.89

5 trading days

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Since filing

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Frequently asked questions

What did BWA file with the SEC on Nov 13, 2026?

BWA filed a 8-K (Executive departure). BorgWarner entered into a transition agreement with Tonit Calaway, EVP, Chief Administrative Officer, General Counsel and Secretary, providing for her retirement as an officer and employee effective March 1, 2027, followed by a one-year consulting period through March 1, 2028.

What does a executive departure mean for BWA stock?

Not always. A planned retirement with a successor is usually calm; a sudden departure “effective immediately”, especially of a CFO or near results, often worries investors.

How do I read a 8-K?

A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more. The "Item" number tells you the topic (e.g. 2.02 results, 5.02 executive change, 1.01 new agreement, 1.03 bankruptcy). Exhibits (99.1 press release) usually hold the details.

Why are SEC filings important?

Public companies must tell the SEC about anything that can change their value — results, leadership changes, big deals, new shares, bankruptcy. Filings are the official source, often before the news. A 8-K (current report): A report of a major event, filed within four business days: results, deals, leadership changes, bankruptcy and more.

How did BWA stock react to this filing?

BWA closed at $50.99 before the filing and $50.89 on Nov 13, 2026 (-0.20%).

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