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AI brief of an SEC Form 8-K · Enerpac Tool (EPAC)

Enerpac Tool Group names Darren Kozik CFO, effective on or about October 28, 2024

Neutral Impact 4 of 5 leadership Written later

Enerpac Tool Group appointed Darren M. Kozik, formerly Senior Vice President of Global Corporate Finance at ManpowerGroup, as Executive Vice President and Chief Financial Officer, with employment expected to begin on or about October 28, 2024. Interim CFO P. Shannon Burns will cease that role when Kozik starts, and the filing describes the new CFO's pay, including a $485,000 base salary and a 65% target bonus. Changes to the finance leadership are significant for shareholders because they affect who oversees the company's finances.

Key points

  • Darren M. Kozik to join as EVP and CFO, with employment expected on or about October 28, 2024
  • Base salary of $485,000, target cash bonus of 65% of base salary, and a $318,000 signing bonus
  • Equity awards include RSUs with grant date fair values of $225,000 and $250,000 vesting two and three years after start
  • P. Shannon Burns, interim principal financial officer since March 1, 2024, will continue as Head of Financial Planning, Operations, and Decision Support

The filing

CompanyEnerpac Tool (EPAC)
Form8-K, current report
Filed with the SECOct 15, 2024, 4:00 PM ET
Accession number0001171843-24-005633

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

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:55 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 October 15, 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.