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



On January 17, 2023, DMC Global Inc. (the "Company") announced that Kevin Longe
has stepped down as President and Chief Executive Officer of the Company, and
that Mr. Longe has resigned as a director of the Company. The Company's Board of
Directors (the "Board") appointed Michael Kuta, the Company's current Chief
Financial Officer, and director David Aldous as interim co-President and Chief
Executive Officers to replace Mr. Longe. Mr. Kuta will retain the role and title
of Chief Financial Officer until his successor is appointed. Relatedly, Mr.
Aldous stepped down as Chairman of the Board, but not as a director, and was
replaced as Chairman by director Richard Graff. Each of the foregoing changes
was effective as of January 15, 2023.

It is anticipated that the Company and Mr. Longe will enter into a separation
agreement pursuant to which, among other things, Mr. Longe will receive, subject
to the terms and conditions of the agreement, compensation consistent with a
termination without cause under his employment agreement with the Company,
including 18 months of salary, a lump sum cash payment of approximately
$626,000, and accelerated vesting of certain outstanding equity awards.

In his capacity as interim co-CEO, each of Messrs. Aldous and Kuta will receive
a base salary of $600,000 and a performance-based incentive bonus targeted at
$600,000, in each case pro-rated for time actually served as co-CEO, and a grant
of restricted stock under our 2016 Omnibus Incentive Plan with a value of
$600,000 with a one-year vesting period.

Mr. Kuta, 48, joined the Company in 2014 as its Chief Financial Officer. Prior
to joining DMC, Kuta was Corporate Controller of the Lubrizol Corporation, a
global specialty chemicals company owned by Berkshire Hathaway, where he was
responsible for corporate accounting, consolidation and financial reporting
functions, and oversight of internal controls. Prior to Berkshire Hathaway's
2011 acquisition of Lubrizol, Kuta held a variety of financial roles at
Lubrizol, where he gained extensive experience in business partnering, financial
planning and analysis, treasury and capital markets, and leading finance and
accounting organizations. Kuta also held several roles of increasing
responsibility at other diversified manufacturing companies, including Lincoln
Electric. He earned a bachelor's degree in accounting from Kent State University
and an MBA in finance from Case Western Reserve University. He also is a CPA.

Mr. Aldous, 66, was appointed by the Board as a director in July 2013 and served
as non-executive Chairman of the Board from May 2018 until his appointment as
interim co-President and CEO as described above. From March 2012 until September
2022, he served as the Chief Executive Officer and Director of Rive Technology
Inc., a privately-held provider of solutions for diffusion-limited reactions to
the energy, chemicals, biofuel and water industries. Prior to joining Rive
Technology Inc., Mr. Aldous served as Chief Executive Officer and Director of
Range Fuels Inc., a clean energy and biofuels company from January 2009 to
February 2012. Mr. Aldous also was employed for more than 20 years by Royal
Dutch Shell, most recently as Executive Vice President, Strategy and Portfolio,
and served as President of Shell Canada Products, where he led an $11 billion
integrated oil business. He also served as President, CEO and Director at
CRI/Criterion Inc., a multi-billion dollar global catalyst company. Mr. Aldous
has served on the Board of Directors of a number of companies and joint ventures
inside and outside Royal Dutch Shell. Mr. Aldous holds a B.S. in Fuels
Engineering from the University of Utah and an MBA, with distinction, from the
J.L. Kellogg Graduate School of Management at Northwestern University.

Item 7.01 Regulation FD Disclosure.

On January 17, 2023, the Company issued a press release to announce the management changes described in Item 5.02 above. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.



The information provided in Item 7.01 of this Current Report, including Exhibit
99.1 hereto, is being furnished and shall not be deemed "filed" for the purposes
of Section 18 of the Securities Exchange Act of 1934, as amended, and shall not
be deemed incorporated by reference in any filings under the Securities Act of
1933, as amended, unless specifically stated so therein.



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Item 9.01 Financial Statements and Exhibits.



(d) Exhibits.
Exhibit Number                   Description
                 99.1              Press Release, dated January
                                     17    , 2023.

                  104            Cover Page Interactive Data File (embedded

within the Inline XBRL document).

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