Item 5.02.          Departure of Directors or Certain Officers; Election of Directors;
                    Appointment of Certain Officers; Compensatory Arrangements of Certain
                    Officers.

On August 16, 2021, Harsco Corporation (the "Company") appointed Anshooman Aga as Senior Vice President & Chief Financial Officer of the Company. Mr. Aga will succeed Peter F. Minan, who previously announced his planned retirement and will continue in the role of Special Advisor to the Chief Executive Officer, assisting with the transition.

Mr. Aga, age 46, previously was the Executive Vice President and Chief Financial Officer (CFO) of Cubic Corporation. He joined Cubic in July 2017 as Executive Vice President and assumed the role of CFO in October 2017. In this role, Mr. Aga was responsible for all aspects of Cubic's financial strategies, processes and operations, including corporate development, risk management, investor relations, real estate, and global manufacturing, procurement and IT. Prior to joining Cubic, Mr. Aga served at AECOM, a multinational engineering firm (NYSE: ACM) from June 2015 to July 2017, where he was senior vice president and chief financial officer of their multi-billion-dollar Design and Consulting Services business in the Americas. He also held a series of financial leadership positions at Siemens, a multinational industrial manufacturing company, from July 2006 to May 2015, including chief financial officer of the Energy Automation business based in Nuremburg, Germany, in addition to similar financial roles for Siemen's Rail Electrification and TurboCare business units.

In connection with his employment, Mr. Aga will receive the following compensation:



•Annual base salary rate of $560,000.
•Eligibility to participate in the Company's annual incentive plan commencing in
the 2021 calendar year at a target award of 80% base salary, with a maximum
award of 160% of base salary.
•Eligibility to participate in the Company's long-term incentive program
("LTIP") commencing in the 2022 calendar year at a target level of 200% base
salary. The current LTIP provides a combination of restricted stock units, stock
appreciation rights and performance share units.
•"Sign on" cash bonus of $200,000, subject to pro-rated repayment if Mr. Aga
voluntarily terminates his employment with the Company within two years.
•Subject to the approval of the Company's Board of Directors, a "sign on" grant
of restricted stock units (RSUs) with a value equal to $1,120,000. The RSUs will
vest pro-rata on each of March 1, 2022, March 1, 2023 and March 1, 2024.
•Participation in the Company's standard relocation policy.
•Eligibility for the Company's standard health and welfare benefits program
(plus 20 days of vacation per year, pro-rated for 2021).

In addition, Mr. Aga will enter into the Company's standard confidentiality and non-competition agreements, as well as the Company's change of control severance agreement. Mr. Aga will be subject to share ownership requirements equal to three times his base salary.

Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.
 Exhibit No.                               Description

104               Cover Page Interactive Data File (formatted as inline XBRL)

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses