Commercial Metals CFO Paul Lawrence to Retire; Former American Airlines Finance Executive Kenji Hashimoto Named Successor
Commercial Metals is changing finance chiefs. Chief Financial Officer Paul Lawrence, who has held the job since 2019, will retire from the role on Jan. 15, 2027, and the company has hired Kenji Hashimoto to succeed him, according to an 8-K filed Tuesday.
Hashimoto, 57, joins as senior vice president and deputy CFO on Nov. 16, 2026, and is set to become senior vice president and CFO when Lawrence steps down in January. Lawrence will stay on as special adviser to the chief executive through June 30, 2027, to support the transition.
Hashimoto most recently was managing director and business improvement sector leader at Global Infrastructure Partners, an infrastructure investment firm, from March 2024 to July 2025, according to the filing. He earlier served at Amazon as vice president for North America sort centers, and spent 22 years at American Airlines in roles that included senior vice president, finance and corporate development, the company said.
"I am confident that his experience and commitment to excellence will support CMC as we continue executing on our long-term strategy and working to reach our 2029 targets," President and Chief Executive Peter Matt said in the press release.
Pay terms
Hashimoto's employment agreement, filed with the 8-K, sets a minimum annual base salary of $675,000. He is eligible for an annual cash bonus of up to 90% of base salary and a target equity grant of up to 240% of base salary, beginning with the fiscal year that started Sept. 1, 2026.
The agreement runs until Nov. 9, 2027, unless extended or terminated, and includes non-compete terms.
By the numbers
- CFO transition date: Jan. 15, 2027
- Hashimoto start as deputy CFO: Nov. 16, 2026
- Lawrence special adviser role: through June 30, 2027
- Minimum base salary: $675,000
- Bonus opportunity: up to 90% of salary
Sources
- Form 8-K with Exhibits 10.1 and 99.1, Commercial Metals Company, filed Nov. 10, 2026, accession 0001193125-26-454440
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