438 material Form 8-K filings that 382 companies we cover made with the SEC in March 2025, each read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). All of them were written later, when past filings were added: a selection, not every 8-K of the month (see the note below).
Universal Technical Institute named Todd Hitchcock chief operating officer effective immediately, and he will also serve as principal operating officer. The company also appointed Adrienne DeTray as chief information officer and said its executive leadership team is now complete. The release states that first-quarter fiscal 2025 revenue, Adjusted EBITDA and new student starts improved year over year and that the company raised its fiscal-year guidance ranges.
Todd Hitchcock, previously EVP and Chief Strategy and Transformation Officer, became COO effective March 31, 2025, and will oversee the UTI and Concorde divisions
Hitchcock's base salary increased to $500,000 for fiscal 2025, and his fiscal 2025 long-term incentive awards were increased to $800,000
Adrienne DeTray was appointed Chief Information Officer effective immediately; she previously served as CIO at Adtalem Global Education
The company says the second phase of its North Star strategy is expected to deliver approximately 10% revenue CAGR and Adjusted EBITDA margin of nearly 20 percent through fiscal 2029
Encore Capital Group appointed Tomas Hernanz, currently CFO of its European unit Cabot Credit Management, as Executive Vice President, Chief Financial Officer and Treasurer, effective April 1, 2025, as part of a previously announced transition. Jonathan Clark, the former CFO, will serve as a senior advisor under a consulting agreement, and his outstanding equity awards will continue to vest.
Tomas Hernanz, 46, succeeds Jonathan Clark as CFO and Treasurer effective April 1, 2025; he will be principal financial and accounting officer
Hernanz's base salary is $500,000 with a target annual bonus of 85% of salary
2025 long-term incentive awards have a target grant date value of approximately $950,000, split equally between restricted stock units and performance stock units
Clark's consulting agreement, signed March 28, 2025, covers up to 30 hours per month for 24 months starting April 1, 2025
Timken said its President and CEO Tarak B. Mehta will leave the company and resign from the Board, effective immediately, by mutual agreement. Director Richard G. Kyle, a former CEO from 2014 to 2024, was appointed interim President and CEO, also effective immediately. The filing states the departure was not due to misconduct, and it describes a cash payment to Mr. Mehta of $9.25 million under a settlement agreement.
Tarak B. Mehta leaves as President and CEO and resigns from the Board, effective March 31, 2025
Richard G. Kyle, age 59, named interim President and CEO; he previously led the company from 2014 to 2024
Kyle's pay includes a $1.2 million base salary, a deferred share award valued at $9.0 million and PRSUs valued at $3.3 million
Mehta will receive a $9.25 million cash payment under a settlement agreement with a general release of claims
Mid-America Apartment Communities announced that CEO H. Eric Bolton, Jr. retires effective the end of March 31, 2025, and A. Bradley Hill, currently President and Chief Investment Officer, becomes CEO on April 1, 2025. Bolton will become Executive Chairman while remaining Chairman of the Board, under a transition employment agreement running through December 31, 2026, which the filing says supports an orderly succession for shareholders.
H. Eric Bolton, Jr. retires as CEO effective end of business March 31, 2025
A. Bradley Hill assumes the CEO role effective April 1, 2025
Bolton serves as Executive Chairman and Chairman of the Board; base salary $850,000 for rest of 2025, $750,000 for 2026
Transition Employment Agreement runs April 1, 2025 to December 31, 2026 and replaces his March 2015 agreement
JBT Marel's Executive Vice President and Chief Legal Officer, James L. Marvin, announced on March 25, 2025 that he intends to retire on May 31, 2025. The company has started a search for his replacement, which it expects to complete by the end of the second quarter of 2025.
James L. Marvin, EVP and Chief Legal Officer, announced retirement on March 25, 2025
Retirement effective May 31, 2025
Company expects to name a replacement by the end of the second quarter of 2025
The filing contains no financial results or guidance
APi Group Corporation's board approved the appointment of G. David Jackola as Executive Vice President and Chief Financial Officer, effective March 28, 2025, after he served as interim CFO since December 2024. The filing also sets out his offer letter, which includes a $725,000 base salary and a supplemental 2024 equity award valued at $1,562,500. The filing reports no financial results, so the change mainly confirms who leads the company's finance function.
Board approved Jackola's appointment as EVP and CFO effective March 28, 2025; he had been interim CFO since December 2024
Offer letter sets an annual base salary of $725,000 and a short-term cash incentive target of 100% of base salary
Supplemental 2024 long-term equity award granted March 28, 2025, with an aggregate value of $1,562,500
Jackola will report to Russ Becker, President and CEO, and will speak at APi's Investor Day on May 21 in New York
The Hartford's executive vice president and chief information and operations officer, Deepa Soni, resigned effective immediately on March 27, 2025, to pursue an external opportunity. The company split the role: Shekar Pannala is now chief information officer, leading Technology and cyber security, and Jeffery Hawkins is chief data, AI and operations officer, also leading Operations, both reporting to Chairman and CEO Christopher Swift.
Deepa Soni resigned as executive vice president and chief information and operations officer on March 27, 2025, effective immediately, and will advise the company into the second quarter.
Shekar Pannala, previously global CIO at Chubb, was named chief information officer and leads Technology, cyber security, infrastructure and cloud modernization.
Jeffery Hawkins, formerly chief information officer at CVS Health, was named chief data, AI and operations officer and now leads Operations in addition to data, analytics and AI.
The filing does not disclose compensation changes or financial figures for the new roles.
Avery Dennison said CFO Gregory Lovins will return as principal financial officer effective April 1, 2025, after a medical leave that began November 14, 2024. Interim CFO Danny Allouche steps down from that role on March 31, 2025, and stays on as Senior Vice President and Chief Strategy and Corporate Development Officer. The change restores the permanent finance chief to the top financial role.
Gregory Lovins resumes principal financial officer role effective April 1, 2025
Lovins's medical leave began November 14, 2024
Danny Allouche ceases as interim CFO on March 31, 2025 and remains an SVP and Chief Strategy and Corporate Development Officer
Lovins's base salary set at $838,500; target incentive and long-term opportunities unchanged
On March 26, 2025, EnerSys separated employment with Joern Tinnemeyer, its Senior Vice President and Chief Technology Officer. The same day, it appointed Mark Matthews, its President, Specialty Global, as Acting Chief Technology Officer while he keeps his other responsibilities. The filing does not give a reason for the departure, name a permanent successor, or include any financial figures.
Joern Tinnemeyer, Senior Vice President and Chief Technology Officer, separated employment on March 26, 2025
Mark Matthews, President, Specialty Global, appointed Acting Chief Technology Officer on March 26, 2025, in addition to his other responsibilities
The filing gives no reason for the departure and names no permanent replacement
8-K filed March 28, 2025 and signed by CFO Andrea J. Funk
Fluor Corporation said Executive Vice President and Chief Human Resources Officer Stacy L. Dillow notified the company on March 24, 2025 that she will resign, effective April 11, 2025. The filing does not name a successor or give a reason for the departure.
Stacy L. Dillow, EVP and Chief Human Resources Officer, gave notice on March 24, 2025.
Resignation takes effect April 11, 2025.
The filing does not name a replacement or state the reason for the departure.
On March 26, 2025, the Compensation Committee of U.S. Physical Therapy's board approved four 2025 incentive plans for senior management, covering long-term equity awards and cash or stock bonuses. Awards depend on 2025 Adjusted EBITDA targets, with grants and bonus decisions set for the first quarter of 2026, so the plans tie executive pay to future earnings performance.
Maximum long-term restricted stock awards: CEO Christopher Reading 12,500 shares; President Eric Williams 7,500 shares; CFO Carey Hendrickson, COO West Graham Reeve and EVP Rick Binstein 5,000 shares each.
Objective bonus up to 100% of base salary for the CEO and up to 75% for other eligible executives; awards to be determined in the first quarter of 2026.
Awards vest evenly over 16 quarters, beginning May 20, 2026, with final vesting on March 6, 2030.
Ryan Specialty Holdings said it will appoint Stephen P. Keogh, a former Aon plc executive, as Chief Operating Officer effective May 1, 2025. The filing sets his base salary at $600,000 and a target bonus of 150% of base salary, plus a proposed $2,000,000 performance stock unit grant subject to board approval and performance targets.
Stephen P. Keogh, age 58, becomes Chief Operating Officer effective May 1, 2025
Base salary of $600,000 per year, with a 2024 annual bonus target of 150% of base salary
Proposed initial performance stock unit grant with a grant date fair value of $2,000,000, vesting July 1, 2030, subject to board approval and performance targets
Keogh was Senior Advisor to the Office of the President at Aon plc until his retirement in September 2022
Primoris Services approved compensation for David King, named Interim President and CEO, and Jeremy Kinch, named Chief Operating Officer, with offer letters dated March 21, 2025. The filing shows King's base salary at $950,000 and an RSU grant of $1,250,000 vesting through the first anniversary of grant, while Kinch's base salary is $600,000 with a 2025 LTIP award of $1,000,000. Changes in top management and pay arrangements are relevant to shareholders as they set leadership and incentive terms.
David King: Interim President and CEO; base salary $950,000; RSUs worth $1,250,000 vesting through the first anniversary of grant; target bonus up to 120% of salary
Jeremy Kinch: Chief Operating Officer; base salary $600,000; 2025 LTIP award of $1,000,000; target bonus 100% of salary
Offer letters dated March 21, 2025; Kinch's terms complement his Employment Agreement dated January 7, 2025
Filing dated March 26, 2025, signed by CFO Kenneth M. Dodgen
Carter's, Inc. appointed Douglas C. Palladini as Chief Executive Officer, President and a board member, effective April 3, 2025, replacing interim CEO Richard F. Westenberger, who will stay on as Senior Executive Vice President, Chief Financial Officer & Chief Operating Officer. The filing sets Palladini's pay and an equity package, which ties part of his stock awards to share price growth hurdles, and it matters to shareholders as a change in the company's top executive.
Palladini's base salary is $1,200,000 per year, with an annual cash incentive target of 150%.
His sign-on equity grant has a grant date fair value of $7,000,000, split 50% time-based and 50% performance-based restricted stock.
Performance shares are earned at 30%, 60% and 90% share price growth hurdles over a three-year period.
Palladini previously served as Global Brand President of Vans, a subsidiary of V.F. Corporation, from July 2016 through March 2022.
ADT appointed Fawad Ahmad as Executive Vice President and Chief Operating and Customer Officer, effective April 14, 2025. He will take over the Chief Operating Officer duties from Donald Young, who is expected to retire on June 6, 2025, so the change adds a new senior operating leader while the transition is handled in stages.
Fawad Ahmad, age 49, most recently served as Chief Strategy & Transformation Officer at State Farm Mutual Automobile Insurance Company.
Effective date is April 14, 2025; Donald Young's retirement date is June 6, 2025, with duties transitioned to Ahmad in between.
Ahmad's pay includes a $600,000 annualized base salary, a $500,000 one-time sign-on bonus, and a $2,500,000 grant-date value sign-on RSU award.
State Farm Fire & Casualty Company, an affiliate of ADT, owns 15.5% of ADT's common stock and class B common stock in the aggregate.
Core & Main said CEO Steve LeClair will retire as chief executive effective March 31, 2025, and become executive chair while remaining chair of the board. CFO Mark Witkowski will become CEO and join the board, and Robyn Bradbury, senior vice president of finance and investor relations, will become CFO. The filing does not report any financial results or guidance, so the change is best read as a leadership succession with new pay terms for the incoming executives.
Steve LeClair steps down as CEO effective March 31, 2025, and becomes executive chair; he continues as board chair.
Mark Witkowski, CFO since February 2016, becomes CEO with an annual salary of $825,000 and a bonus of up to 125% of salary.
Robyn Bradbury becomes CFO with an annual salary of $500,000 and a bonus of up to 75% of salary.
The board expands from nine to ten directors, and Witkowski joins as a Class I director without committee seats.
News Corp said Chief Technology Officer David Kline will resign to accept a role outside the company. He will remain in his position until June 30, 2025, to help transition his duties, and the company has begun a search for a successor. The change affects a senior executive role but the filing reports no financial figures.
David Kline, Chief Technology Officer, informed the company on March 19, 2025, that he would resign
Kline will remain in his current position until June 30, 2025, to assist with the transition
News Corp has begun a search for a successor; Kline joined the company in January 2020
Triumph Financial, Inc. announced a series of management changes tied to the continued evolution of its business segments and product lines, including promoting Todd Ritterbusch to head both its Banking and Payments segments. The filing names new leaders for its factoring segment and LoadPay product line and says Melissa Forman-Barenblit stopped serving as president of TriumphPay, so shareholders are seeing a reorganization of segment leadership rather than a change in reported financial results.
Todd Ritterbusch, president of TBK Bank, SSB, is promoted to head of the Banking and Payments segments.
Kim Fisk is named president of factoring, succeeding Tim Valdez, who will become chairman of the factoring segment.
David Vielehr is named president of LoadPay, the digital banking platform for the trucking industry.
Melissa Forman-Barenblit ceased to serve as president of the TriumphPay product line effective March 19, 2025.
BioLife Solutions appointed Catherine Coste, a former Deloitte senior partner and licensed CPA, to its board effective March 18, 2025, increasing board membership to seven. She also replaces Joydeep Goswami as audit committee chair, with Goswami remaining a director and audit committee member. The filing describes the change as a board and governance update and does not report any financial results.
Coste's appointment is effective March 18, 2025, and she serves until the 2025 Annual Meeting of Stockholders.
Board membership increases to seven; Coste replaces Joydeep Goswami as audit committee chair.
Coste retired from Deloitte in September 2020 after more than 32 years with the firm.
Coste will receive the same prorated compensation as the company's other non-employee directors.
Somnigroup International said it determined, after its acquisition of Mattress Firm Group, to reevaluate its executive team reporting structure. As a result, Scott Vollet, Executive Vice President, Global Operations of Tempur Sealy International, will no longer function as an executive officer or Section 16 insider. The filing does not give a reason beyond the reorganization or name a successor.
Scott Vollet, EVP, Global Operations of Tempur Sealy International, will no longer be an executive officer or Section 16 insider
The change follows the previously reported acquisition of Mattress Firm Group LLC
Filing dated March 24, 2025, signed by CFO Bhaskar Rao
Five9 said audit committee chair Jack Acosta, a Class II director, will not be nominated for re-election at the May 21, 2025 annual meeting. Board changes also include Jonathan Mariner's reappointment as a Class II director and Maria Walker taking over as Audit Committee chair after the meeting, with the Board shrinking to nine directors.
Jack Acosta will not stand for re-election as a Class II director at the May 21, 2025 annual meeting; the filing thanks him for his service as Audit Committee chair.
Jonathan Mariner resigned as a Class III director on March 19, 2025 and was immediately reappointed as a Class II director, with his term ending at the annual meeting.
Maria Walker will become Audit Committee chair at the conclusion of the annual meeting.
The Board will be reduced to nine directors, with Class II reduced to three after the annual meeting, and Mr. Mariner will not receive a new director RSU grant.
Standex International said Chief Accounting Officer Amy Gagnon will step down effective May 2, 2025, citing personal family obligations. Danielle Rangel, the company's Vice President of Internal Audit and Investigations, will succeed her in the role on the same date. The change affects a key financial reporting position, though the filing describes it as a planned internal promotion.
Amy Gagnon notified Standex on March 19, 2025 that she will step down as Chief Accounting Officer effective May 2, 2025
Danielle Rangel, age 43, will become Vice President and Chief Accounting Officer effective May 2, 2025
Rangel joined Standex in May 2023 as Vice President of Internal Audit and Investigations and previously held finance roles at Carlisle Fluid Technologies
Rangel will participate in the company's Executive Severance Policy
Sabra Health Care REIT said Chief Investment Officer Talya Nevo-Hacohen will retire effective December 31, 2025, and Executive Vice President Darrin Smith is expected to take the CIO role effective January 1, 2026. Nevo-Hacohen will serve as an independent consultant through December 31, 2027, for an annual fee of $900,000, which the filing describes as a planned transition.
Talya Nevo-Hacohen retires as Chief Investment Officer and Treasurer effective December 31, 2025
Darrin Smith, Executive Vice President, Investments, expected to become Chief Investment Officer effective January 1, 2026
Consulting Agreement dated March 20, 2025 provides an annual consulting fee of $900,000 and runs through December 31, 2027
Filing contains no financial results or guidance; Chair and CEO Rick Matros signed the report
Harmony Biosciences said Chief Commercial Officer Jeffrey Dierks is leaving for personal reasons, effective March 31, 2025, and named Adam Zaeske, formerly a senior executive at Takeda Pharmaceuticals, as his successor on the same date. Dierks's separation agreement provides a $476,215 lump-sum payment and accelerated vesting of part of his equity awards. The company's CEO said the company remains confident in its 2025 revenue guidance.
Jeffrey Dierks departs as Chief Commercial Officer effective March 31, 2025, for personal reasons
Separation agreement dated March 20, 2025 provides a $476,215 lump-sum payment and accelerated vesting of awards for the portion that would have vested in calendar 2025
Adam Zaeske becomes Executive Vice President and Chief Commercial Officer effective March 31, 2025; he previously served as Senior Vice President at Takeda Pharmaceuticals from April 2022 to March 2025
CEO Jeffrey Dayno said the company remains confident in its 2025 revenue guidance
Hilton Grand Vacations said CFO Daniel Mathewes is returning from a temporary personal leave of absence effective March 24, 2025, resuming his duties. Erin Day, who had served as acting CFO during the leave, stops in that role and remains Executive Vice President, Finance. The filing gives no financial results, and the change restores the regular CFO to his position.
Daniel J. Mathewes, President and Chief Financial Officer, returns from temporary personal leave effective March 24, 2025
Erin Day ceases as acting CFO and continues as Executive Vice President, Finance
The filing was signed by Charles R. Corbin, Senior Executive Vice President, General Counsel and Secretary, dated March 24, 2025
Century Aluminum appointed Peter Trpkovski, its Senior Vice President, Finance and Treasurer, as Executive Vice President and Chief Financial Officer, effective March 21, 2025, succeeding Gerald Bialek as part of a planned transition. Trpkovski has worked at the company since 2013 and will also continue as Treasurer, so the change is a leadership transition rather than a change in reported financial results.
Trpkovski, age 43, joined Century in 2013 and was named Senior Vice President, Finance and Treasurer in 2023
Initial annual base salary of $450,000, with a 2025 target bonus of 65% of base salary
LTIP target award of 160% of base salary for the 2025-2027 performance period, split 50% time-vested stock units and 50% performance stock units
Starwood Property Trust expanded its board from nine to ten directors and appointed Jonathan Pollack, the incoming President of affiliate Starwood Capital Group, as a director and Vice Chairman, effective April 1, 2025. Pollack will receive no board compensation and is not considered independent, so shareholders may want to review the related-party disclosures in the 2025 proxy statement.
Board increased from nine to ten directors; appointment and Vice Chairman election effective April 1, 2025
Pollack, age 48, joins from Blackstone, where he was Global Head of Real Estate Credit from 2016 to 2024
Pollack will not receive compensation for Board service and is not considered independent due to his Starwood Capital Group role
Related relationships and transactions are described in the 2025 Proxy Statement filed March 21, 2025
Kroger's board appointed Ronald Sargent as interim Chief Executive Officer and Chairman of the Board, as previously disclosed on March 2, 2025. This filing sets his compensation, including an annual base salary of $4,350,000 and a grant of 60,515 shares of restricted stock that vest one year after the award date.
Appointment: Ronald Sargent named interim CEO and Chairman, previously disclosed March 2, 2025
Annual base salary of $4,350,000, annualized for the duration of his service
Restricted stock grant of 60,515 shares, vesting one year from the award date
Expeditors International of Washington said it named Kelly K. Blacker, its current President - Global Products, as President - Global Geographies, effective April 1, 2025. The filing describes an internal promotion of a long-serving executive and does not report any compensation changes or financial results.
Kelly K. Blacker, 52, named President - Global Geographies effective April 1, 2025
Blacker joined Expeditors in 1994 and was appointed President, Global Products, effective January 1, 2024
Filing states no arrangements with other persons and no family relationships or related-party interests
Advance Auto Parts said Executive Vice President Herman L. Word, Jr., who leads Professional, Independents and Canada, will retire. He moves to a transition role effective April 15, 2025, serving until May 16, 2025, and will receive payment for resignation for good reason under his amended employment agreement. The filing gives no successor name and no financial terms, so shareholders cannot yet judge the cost or the effect on the business.
Herman L. Word, Jr., Executive Vice President, Professional, Independents and Canada, is retiring.
Transition capacity begins April 15, 2025 and runs until May 16, 2025.
Word will receive payment for resignation for good reason under his amended employment agreement; no amount is stated.
Primoris announced that Chairman David King will serve as interim President and CEO, succeeding Tom McCormick, who separated from the company effective March 20, 2025 and resigned from the Board. The Board is searching for a permanent CEO, and Jeremy Kinch was promoted to Chief Operating Officer. The filing says Mr. McCormick's separation is unrelated to the company's financial statements or financial or business performance.
David King, age 72, named interim President and CEO; announced March 14, 2025
Tom McCormick separated effective March 20, 2025 and resigned from the Board on the same date
McCormick's severance includes $1,946,880 in severance pay (200% of base salary), a pro-rated 2025 bonus and COBRA premium payments
Jeremy Kinch, age 51, promoted to Chief Operating Officer effective immediately
On March 19, 2025, Universal Health Services' Compensation Committee approved 2025 bonus formulae for executive officers and granted 2025 stock awards, and replaced the employment agreements of CEO Marc D. Miller and Executive Chairman Alan B. Miller. The filing sets Marc Miller's 2025 salary at $1,500,000, a 6.7% increase, with his term scheduled to end January 1, 2028, and Alan Miller's 2025 salary at $1,125,000, a 4.0% increase, with his term scheduled to end January 1, 2027. The filing describes routine executive pay terms and does not report a change in leadership or financial results.
Marc D. Miller's 2025 salary is $1,500,000, a 6.7% increase over 2024, with an annual bonus target of 150% of salary; his term is scheduled to end January 1, 2028.
Alan B. Miller's 2025 salary is $1,125,000, a 4.0% increase over 2024; his term is scheduled to end January 1, 2027.
2025 executive bonuses can pay between 0% and 200% of target, based on adjusted net income per diluted share and return on capital.
On March 19, 2025, the Committee granted restricted stock units at a grant-date value of $178.08 per share; Marc Miller received 28,077 time-based and 28,077 performance-based units.
UFP Technologies disclosed that Steve Cardin, its Vice President and Chief Operating Officer of the MedTech business, resigned on March 15, 2025. His last day with the company will be March 28, 2025. The filing does not name a successor or describe the reasons for the departure.
Steve Cardin, Vice President and Chief Operating Officer of the MedTech business, tendered his resignation on March 15, 2025
Last day with the company will be March 28, 2025
The filing does not name a replacement or give a reason for the departure
NOV Inc. appointed CFO Jose Bayardo as President and Chief Operating Officer and named Rodney Reed, previously president of its Process Flow Technologies unit, as Senior Vice President and Chief Financial Officer, both effective March 17, 2025. The changes are part of the company's long-term succession planning and come with higher base salaries and bonus targets, plus one-time equity awards of $1,150,000 each.
Jose Bayardo: President and COO, base salary raised to $850,000, target bonus 100% of base salary
Rodney Reed: SVP and CFO, base salary raised to $575,000, target bonus 85% of base salary
Each executive receives a one-time LTIP supplemental award of $1,150,000, split 50% restricted stock units and 50% performance awards
Changes announced in a press release dated March 19, 2025; the filing was made March 20, 2025
Comcast said director David Novak will become non-executive Chairman of SpinCo, the cable channels and digital assets Comcast plans to spin off, when the spin-off is completed. Novak will then leave Comcast's board, and the spin-off is expected by the end of 2025. The filing does not give financial results or changes to Comcast's own outlook.
Novak becomes non-executive Chairman of SpinCo upon completion of the spin-off, expected by the end of 2025.
Novak leaves Comcast's Board of Directors at that time; he has served on it since December 2016.
SpinCo's assets include USA Network, CNBC, MSNBC, E! and Fandango, which the press release says generate about $7 billion in annual revenue.
Alarm.com appointed Kevin Bradley, a company employee since 2009 who most recently led financial planning and analysis, as chief financial officer effective March 14, 2025. The filing states that CFO Steve Valenzuela is outgoing and that Bradley will lead the finance organization, including investor relations, reporting to CEO Steve Trundle.
Bradley, age 40, was Vice President of Financial Planning and Analysis from May 2017 through March 2025.
Compensation includes a $396,200 annual base salary and a $120,000 annual target bonus.
Equity grant of 25,000 restricted stock units and 25,000 stock options, each vesting over five years.
If the company terminates Bradley before November 22, 2027, he vests in a portion of his November 2023 restricted stock unit grant.
Green Brick Partners' Chief Financial Officer and Principal Accounting Officer, Richard A. Costello, who had served since 2014, resigned effective March 17, 2025. The company appointed Jeffery Cox, its Senior Vice President of Finance, as interim CFO and Principal Accounting Officer, effective the same date.
Richard A. Costello resigned as CFO and Principal Accounting Officer effective March 17, 2025, after serving since 2014
Jeffery Cox, 45, named Interim CFO and Principal Accounting Officer effective March 17, 2025
Cox has been Senior Vice President of Finance since June 2023 and previously held finance roles at Richmond American Homes and Lennar
The filing states no related party transactions or family relationships requiring disclosure
Cummins said Chief Administrative Officer Sharon Barner will retire effective May 31, 2025, after 13 years with the company. The company has not yet named a replacement, which it said will happen in the coming weeks.
Sharon Barner, Chief Administrative Officer, retires effective May 31, 2025
Barner joined Cummins in 2012 and became Chief Administrative Officer in 2021
Replacement to be named in the coming weeks, per the press release
Corpay's Chief Financial Officer, Tom Panther, resigned effective March 15, 2025, as previously announced on November 29, 2024. The board appointed Chief Accounting Officer Alissa Vickery as interim CFO effective immediately upon his departure, while the company searches for a permanent CFO.
Tom Panther resigned as CFO effective March 15, 2025, as previously announced on November 29, 2024
Board appointed Alissa Vickery interim CFO on March 17, 2025, effective immediately upon Panther's departure
Vickery, age 47, joined Corpay in April 2011 and has been Chief Accounting Officer since September 2020; she was previously interim CFO from September 2022 through May 2023
OneSpaWorld appointed Chief Financial Officer and Chief Operating Officer Stephen Lazarus as President, effective March 17, 2025, while he continues as CFO until a successor is retained. Chief Commercial Officer Susan Bonner departed effective immediately, and Leonard Fluxman stepped down as President but remains Chief Executive Officer and Executive Chairman. The filing reports no financial results, so the changes are leadership reorganization without stated effects on performance.
Stephen Lazarus appointed President and will also serve as CFO and COO until a replacement CFO is appointed
Susan Bonner departs as Chief Commercial Officer, effective immediately
Leonard Fluxman stepped down as President and continues as Chief Executive Officer and Executive Chairman
Elanco announced board changes that will reduce the Board to 11 directors by the 2025 Annual Meeting, including the resignation of William F. Doyle, effective immediately. Doyle's resignation is tied to a research agreement signed March 16, 2025 between a subsidiary and WEDterinary LLC, in which Doyle owns 33% of the equity. Shareholders should note the related-party nature of the deal, which the filing says the Audit Committee approved before signing.
Three directors, John P. (JP) Bilbrey, Kathy Turner and Craig Wallace, will not stand for re-election at the 2025 Annual Meeting of Shareholders.
William F. Doyle resigned from the Board effective immediately; the filing says the resignation is not due to a disagreement with the Company.
Elanco US Inc. will pay up to $4 million to fund WEDterinary research, funded within Elanco's R&D operating expenses.
The Audit Committee approved the transaction before execution under the Company's related person transaction policy.
DuPont said President of the Water & Protection segment Leland G. Weaver will leave the company once the separation of its electronics business is completed, and that he is departing without cause under the company's severance plan. Until a successor is named, Weaver will lead the Diversified Solutions businesses, then help manage the orderly transition through the separation.
Leland G. Weaver, President of Water & Protection, will leave effective upon completion of the electronics business separation
In the interim, Weaver will serve as President of Diversified Solutions businesses until a successor is named
Departure is a separation without cause under the DuPont Senior Executive Severance Plan
eXp World Holdings, Inc. (Nasdaq: EXPI) appointed Jesse Hill, its VP of International Finance and Corporate FP&A, as Interim Chief Financial Officer effective April 1, 2025. Current Principal Financial Officer Kent Cheng moves to an advisory role on March 31, 2025, and stays until August 31, 2025, and the company says it is still searching for a permanent CFO. The filing says Cheng's departure is not related to any disagreement about the financial statements or disclosures.
Jesse Hill, 37, has served as VP, International Finance & Corporate FP&A at eXp Realty, LLC since November 2024.
Hill's annual base salary is $450,000, effective April 1, 2025, plus option and restricted stock unit awards, each with a grant-date fair value of $150,000.
Kent Cheng transitions to an advisory role on March 31, 2025, and remains with the company until August 31, 2025; the search for a permanent CFO continues.
Universal Technical Institute named Bruce Schuman Chief Financial Officer effective March 17, 2025, replacing Christine Kline as interim CFO; Kline returns full-time to her role as Vice President, Chief Accounting Officer. Schuman previously served as CFO of Vacasa from June 2023 to March 2025, and the company's press release says Q1 fiscal 2025 revenue, Adjusted EBITDA and new student starts improved year over year and that fiscal 2025 guidance ranges were increased.
Schuman's annual base salary is $475,000, with a target cash incentive of 65% of base salary.
Initial equity grant: $650,000 in time-vested restricted stock units and $350,000 in performance stock units.
Kline resigned as interim CFO and principal financial officer effective March 17, 2025.
The company expects approximately 10% revenue CAGR and Adjusted EBITDA margin near 20% through fiscal 2029 under its North Star strategy.
YETI Holdings entered a Cooperation Agreement with activist investor Engaged Capital on March 14, 2025, under which the Board will appoint Arne Arens and J. Magnus Welander as directors, effective March 24, 2025. Engaged Capital's notice to nominate two director candidates at the 2025 annual meeting is deemed withdrawn, and the firm agreed to standstill limits and to vote with the Board's recommendations, which shareholders may view as reducing the risk of a proxy contest.
March 14, 2025: YETI entered a Cooperation Agreement with Engaged Capital, LLC and affiliates.
Arne Arens and J. Magnus Welander join the Board effective March 24, 2025; the Board grows to 10 members, nine of them independent.
Engaged Capital's February 4, 2025 notice to nominate two director candidates for the 2025 annual meeting is deemed withdrawn.
Engaged Capital is subject to standstill limits, including a cap of 9.9% beneficial ownership, and agreed to vote with the Board's slate.
Collegium Pharmaceutical said founder and Chairman Michael Heffernan and director Gwen Melincoff will not stand for re-election at the 2025 Annual Meeting. The board named lead independent director Gino Santini as Chairman effective after that meeting, and the company said the departures are part of board refreshment and succession planning, not a disagreement. The filing also announced David Dieter as Executive Vice President and General Counsel, effective March 17, 2025.
Michael Heffernan, founder and Chairman, advised the board on March 11, 2025 that he will retire at the Annual Meeting; he has served on the board since October 2003
Gwen Melincoff, a director since 2017, will also retire at the Annual Meeting
Gino Santini, lead independent director since 2018, becomes Chairman effective immediately after the Annual Meeting
Dr. Carlos Paya was nominated on March 14, 2025 to stand for election at the Annual Meeting; David Dieter became General Counsel on March 17, 2025
Ulta Beauty said its General Counsel, Chief Risk & Compliance Officer and Corporate Secretary, Jodi J. Caro, notified the company on March 13, 2025 that she intends to retire later this spring. A successor is set to join next month and will work with Ms. Caro to ensure a seamless transition, and the filing reports no financial figures.
Jodi J. Caro notified Ulta Beauty on March 13, 2025 of her intent to retire later this spring
Her successor will join the company next month, according to the filing
Ms. Caro holds three roles: General Counsel, Chief Risk & Compliance Officer and Corporate Secretary
Church & Dwight said Lee McChesney, formerly CFO of MSA Safety, will become Executive Vice President and Chief Financial Officer on March 24, 2025. The change is part of a previously announced leadership transition in which Richard Dierker becomes CEO on April 2, 2025, succeeding Matthew T. Farrell upon his retirement.
Lee McChesney becomes CFO effective March 24, 2025, succeeding Richard Dierker in that role
Richard Dierker starts as CEO on April 2, 2025, succeeding Matthew T. Farrell, who is retiring
McChesney's pay includes a $700,000 base salary, an 85% target bonus and a one-time equity grant valued at $2,200,000
Enovis CEO Matthew Trerotola will retire once the Board appoints a successor, and on March 13, 2025 he signed a retirement and transition agreement to stay on as an Executive Advisor for one year after that appointment. The filing does not name a successor, so shareholders do not yet know who will lead the company.
Trerotola first notified the Board of his intention to retire on February 25, 2025.
Retirement and transition agreement dated March 13, 2025, runs for a one-year Transition Period from the successor's appointment date.
Base salary continues in full through the second calendar month after the appointment date, then drops to a reduced level of no less than 50% of current salary.
Trerotola will not receive new equity or long-term incentive cash awards during the Transition Period.
Sterling Infrastructure appointed Ronald A. Ballschmiede, its Executive Vice President and a former CFO, as interim Chief Financial Officer and Chief Accounting Officer, effective March 14, 2025, after Sharon R. Villaverde ceased serving in those roles without cause on the same day. The company has started a formal search for a permanent CFO, and the filing states that Villaverde's departure is not the result of any issue or disagreement with the company's accounting, financial reporting or internal control over financial reporting.
Ronald A. Ballschmiede was appointed interim CFO and CAO effective March 14, 2025, and previously held the CFO and CAO roles from November 2015 to May 2024.
Sharon R. Villaverde ceased serving as CFO and CAO without cause on March 14, 2025, and is receiving payments and benefits under the company's Senior Executive Incentive Compensation Program, with certain offer letter payments subject to a
The company has initiated a formal search process to identify a permanent Chief Financial Officer.
CEO Joe Cutillo's press release dated March 14, 2025 (Exhibit 99.1) thanked Villaverde and said Ballschmiede can seamlessly resume the CFO role during the transition.
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