Teledyne director Kenneth Dahlberg to retire; board to shrink to 10 seats
Director Kenneth C. Dahlberg will retire at the end of his term, which expires at the 2026 annual meeting planned for April 22, 2026, and the board will reduce its size to 10 directors. The Personnel and Compensation Committee also approved 2025 cash bonuses, payouts under the 2023-2025 performance plan, and 2026 incentive and restricted stock targets for named executives. The filing reports no change in the chief executive or chief financial officer.
Key points
- Kenneth C. Dahlberg informed the board on January 20, 2026 of his decision to retire as a director at the end of his term.
- Board size fixed at 10 directors effective before the 2026 annual meeting; Class III directors reduced from three to two.
- Performance plan goals for 2023-2025 were achieved at 50.9% of target; CEO George C. Bobb III's payment under that plan was $158,808.
- Bobb's 2025 annual incentive plan cash bonus was $922,100; 2026 AIP target is 130% of base salary.
The filing
Written by AI on Nov 8, 2026, 1:10 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 21, 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.