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AI brief of an SEC Form 8-K · Crane (CR)

Crane Co. names Alex Alcala chief operating officer, base salary raised to $700,000

Neutral Impact 3 of 5 leadership Written later

Crane Company promoted Alejandro (Alex) Alcala to Chief Operating Officer, effective immediately on December 9, 2024. In the new role he will oversee all Crane business segments and the Crane Business System organization, and his annual base salary rose by $55,000 to $700,000.

Key points

  • Promotion to Chief Operating Officer effective immediately, announced December 9, 2024
  • Annual base salary increased by $55,000 to $700,000; he remains eligible for executive benefit plans and annual awards
  • Alcala joined Crane in 2013 and was promoted to Executive Vice President in February 2023 with segment leadership for all businesses

The filing

CompanyCrane (CR)
Form8-K, current report
Filed with the SECDec 9, 2024, 4:34 PM ET
Accession number0001628280-24-050478

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 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 December 09, 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.