Envista Names CEO Paul Keel Chairman; Approves $10 Million Special Equity Award
Envista's board named President and CEO Paul Keel as Chair of the Board, effective August 19, 2026, succeeding Scott Huennekens, who becomes Lead Independent Director. The Compensation Committee also approved a $200,000 base salary increase for Keel and a one-time equity award valued at $10 million, plus a $1.5 million PSU award for CFO Eric Hammes, tied to four-year relative total stockholder return.
Key points
- Paul Keel, President and CEO since joining in May 2024, becomes Chair of the Board effective August 19, 2026
- Keel's base salary rises $200,000, from $1.1 million to $1.3 million per year, effective August 24, 2026
- Keel's one-time equity award totals $10 million: $5 million in time-based RSUs and $5 million in PSUs at target
- CFO Eric Hammes received a special PSU award valued at $1.5 million, granted August 18, 2026
The filing
Written by AI on Nov 8, 2026, 1:01 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 August 19, 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.