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AI brief of an SEC Form 8-K · Donaldson (DCI)

Donaldson names COO Richard Lewis CEO effective March 2, succeeding Tod Carpenter

Neutral Impact 4 of 5 leadership Written later

Donaldson said COO Richard Lewis will become president and chief executive officer on March 2, 2026, and join the Board of Directors on the same date. Tod Carpenter, who gave notice of retirement on January 28, 2026, will remain as Executive Chairman, which the company says is to facilitate a smooth transition. The change is a planned leadership succession, and the filing gives no change to financial results or guidance.

Key points

  • Richard Lewis, 54, joined Donaldson in 2002 and has served as COO since August 1, 2025
  • Carpenter's retirement as CEO takes effect at the end of the day on March 1, 2026, and his base salary falls to $880,000 as Executive Chairman
  • Lewis's base salary rises to $1,088,000 with a cash incentive target of 110% of base salary for the rest of fiscal 2026
  • Lewis receives incremental equity awards with an aggregate grant date fair value of $942,500

The filing

CompanyDonaldson (DCI)
Form8-K, current report
Filed with the SECJan 29, 2026, 5:15 PM ET
Accession number0001193125-26-029665

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

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 January 29, 2026.

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.