Company: BWNB
Filing Date: 2025-04-11
Form Type: PRE 14A
Source: 0001104659-25-034242
Chunk: 11

Company: Babcock & Wilcox Enterprises, Inc.
Filing Date: 2025-04-11
Form: PRE 14A
Chunk 11
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 ​ | Alan B. Howe      | ​ | ​ | ​ | Class II  | ​ | ​ | ​ |              2026 | ​ |
| ​ | Rebecca L. Stahl  | ​ | ​ | ​ | Class II  | ​ | ​ | ​ |              2026 | ​ |
| ​ | Henry E. Bartoli  | ​ | ​ | ​ | Class III | ​ | ​ | ​ |              2027 | ​ |
| ​ | Naomi L. Boness   | ​ | ​ | ​ | Class III | ​ | ​ | ​ |              2027 | ​ |
| ​ | Philip D. Moeller | ​ | ​ | ​ | Class III | ​ | ​ | ​ |              2027 | ​ |

The Board currently consists of three classes of directors with each director serving a staggered three-year term. The Class I directors are Joseph A. Tato and Kenneth M. Young. The Class II directors are Alan B. Howe and Rebecca L. Stahl. The Class III directors are Henry E. Bartoli, Naomi L. Boness and Philip D. Moeller. If Proposal 1 is approved, the Board will convert to a transitional structure consisting of two classes of directors, with the directors in the new Class I serving until our 2027 annual meeting of stockholders and the directors in the new Class II serving until our 2026 annual meeting of stockholders. If Proposal 1 is approved, the directors currently in Class I and Class III will be designated as Class I directors, and the directors currently in Class II will be designated as Class II directors. Kenneth M. Young, a non-independent director, currently serves as Chairman of the Board. Because the Chairman is not an independent director, Alan B. Howe has been designated by the Board as Lead Independent Director in accordance with our Corporate Governance Principles. Unless otherwise directed, the persons named as proxies on the enclosed proxy card intend to vote “FOR” the election of the nominees listed in this proxy statement. If any nominee should become unavailable for election, the shares will be voted for such substitute nominee as may be proposed by the Board. However, we are not aware of any circumstances that would prevent any of the nominees from serving as a director. The following section provides information with respect to each nominee for election as a director and each director who will continue to serve as a director after the Annual Meeting. It includes the specific experience, qualifications and skills considered by the Governance Committee and the Board in assessing