Taylor Devices: President Alan Klembczyk to retire June 1, 2025
Taylor Devices said its President, Alan R. Klembczyk, will retire effective June 1, 2025, and will not stand for reelection to the board at the 2025 annual meeting. Under a retirement agreement, he stays on as an employee through November 30, 2025, to provide support services, and keeps certain pay and stock option rights.
Key points
- Alan R. Klembczyk retires as President effective June 1, 2025
- He will not stand for reelection to the board at the 2025 annual meeting and remains a director until that term expires
- Retirement Agreement dated January 14, 2025 keeps his base salary and death benefit through November 30, 2025, with eligibility for a 2025 bonus and stock option award
The filing
Written by AI on Nov 9, 2026, 8:51 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 14, 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.