Devinder Ahuja's departure as Chief Financial Officer of Novelis Inc. was reported; the filing names no successor. As of November 6, 2026, Novelis Inc. has reported 2 leadership change filings to the SEC under Item 5.02 of Form 8-K, from August 26, 2026 to November 5, 2026, naming 1 departure (Form 8-K, November 5, 2026).
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Novelis Inc. reported changes in 2 filings among its directors and officers to the SEC on Form 8-K, Item 5.02, from 2026-08-26 to 2026-11-05. They name 1 person. Every row below is cited to the filing it comes from, and this page adds each new change as Novelis Inc. files it.
Timeline
| Filed | In / out | Person | Role | Effective | Source |
|---|---|---|---|---|---|
| 2026-11-05 | Out | Chief Financial Officer | 8-K, 2026-11-05 | ||
| 2026-08-26 | Reported | not named in the filing | 8-K, 2026-08-26 |
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Who leads Novelis Inc., as last reported?
For each role that changed in the filings below, the most recent change reported. A role that did not change in these filings is not listed.
- Chief Financial Officer: Devinder Ahuja, departure reported (filed 2026-11-05). No successor is named in these filings.
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Departing: Devinder Ahuja, Chief Financial Officer
On November 3, 2026, Devinder Ahuja notified Novelis Inc. (the "Company") of his decision to resign as Executive Vice President and Chief Financial Officer of the Company.
- Mr. Ahuja will continue to serve as Executive Vice President and Chief Financial Officer during a transition period through mid-January 2027, and the Company has commenced a search for Mr. Ahuja's successor.
- Mr. Ahuja's departure from the Company did not result from any disagreement with the operations, policies, or practices of the Company, and Mr. Ahuja is departing in order to pursue other opportunities.
- There are no new or amended compensatory arrangements with Mr. Ahuja in connection with his transition other than those previously disclosed.
Reported
On August 24, 2026, the Board of Directors (the "Board") of Novelis Inc. (the "Company" or "Novelis") approved the fiscal year 2027 annual incentive plan (the "FY2027 AIP") and the fiscal year 2027 long-term incentive plan (the "FY2027 LTIP") for certain eligible employees, including the Company's named executive officers (which includes its principal executive and financial officers).
- Pursuant to these plans, the Board granted to our named executive officers annual cash incentive award opportunities under the FY2027 AIP (the "AIP Awards") and restricted stock units ("RSUs"), stock appreciation rights ("SARs"), and/or performance units ("PUs," and together with RSUs and SARs, the "LTI Awards") under the FY2027 LTIP.
- The Board, together with the Compensation Committee of the Board, established FY2027 AIP and FY2027 LTIP target award opportunities for each of the named executive officers within the ranges previously disclosed by the Company in its Annual Report on Form 10-K/A for the year ended March 31, 2026 (the "2026 10-K/A").
- The annual performance metrics for the AIP Awards applicable to our named executive officers include Adjusted Operating EBITDA, Adjusted Operating Cash Flow and Global Safety (each metric as defined substantially the same as provided in the 2026 10-K/A).
- Additionally, for our Chief Executive Officer and Chief Financial Officer, who have significant oversight over the process of building a greenfield rolling and recycling facility in Bay Minette, Alabama, the AIP Awards include additional metrics tied to project milestones.
- PUs are eligible to vest following the conclusion of a three-year performance period based on the level of achievement of goals related to return on capital employed and net income.
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Where this comes from
A public company must file a current report on Form 8-K with the SEC within four business days when a director leaves or is elected, or when its chief executive, chief financial, chief accounting or chief operating officer, or another named executive, departs or is appointed. That disclosure goes under Item 5.02 of the report.
Every change on this page is taken from one of those filings and quoted in the company's own words, with a link to the filing, so it can be checked at the source. Where a filing names the person, the role and the date a change takes effect, they are shown beside the quote. Where it does not, the quote stands on its own. A filing states what changed; it rarely states why, and neither does this page.