Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · ALLIENT INC (ALNT)

Allient appoints James A. Michaud as SVP and Chief Financial Officer effective June 3, 2024

Neutral Impact 4 of 5 leadership Written later

Allient Inc. announced that James A. Michaud will become its Senior Vice President and Chief Financial Officer effective June 3, 2024. He enters an employment agreement with a $375,000 base salary, with severance and change-in-control terms that apply if he is terminated.

Key points

  • Appointment effective June 3, 2024; announced May 22, 2024
  • Base salary of $375,000 per year under the employment agreement, subject to annual merit review
  • Involuntary termination without cause or for good reason pays 100% of base salary; a change in control adds 100% of base salary plus target bonus, an extra target bonus amount, and monthly salary payments for 24 months
  • Michaud previously was CFO of Elior North America and a senior finance executive at Delaware North and other companies

The filing

CompanyALLIENT INC (ALNT)
Form8-K, current report
Filed with the SECMay 22, 2024, 5:02 PM ET
Accession number0001558370-24-008578

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 22, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.