Nordson adopts executive severance policy effective November 1, 2025
Nordson's Compensation Committee adopted an Executive Severance Policy on October 23, 2025, effective November 1, 2025. The policy covers U.S.-based executive officers for qualifying terminations outside the two-year period after a change in control, and it provides a lump-sum payment equal to annual base salary along with other benefits. The filing does not state a dollar cost to the company beyond the $10,000 outplacement cap per executive.
Key points
- Policy adopted October 23, 2025 and effective November 1, 2025
- Lump-sum cash payment equal to the executive's annual base salary, plus a pro-rated annual bonus based on actual full-year performance
- Company-paid employer share of medical, dental, and vision coverage for up to 12 months, and outplacement services capped at $10,000
- CEO Sundaram Nagarajan is excluded because his employment agreement already provides severance pay outside a change-in-control period
The filing
Written by AI on Nov 8, 2026, 1:11 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 28, 2025.
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.