Apogee Enterprises Appoints New CEO, Michael Zukich
Ticker: APOG · Form: 8-K · Filed: May 7, 2024 · CIK: 6845
Sentiment: neutral
Topics: leadership-change, executive-appointment, director-departure
TL;DR
Apogee Enterprises has a new CEO, Michael Zukich, replacing Daniel Oberst. Director Steven Demarco is out.
AI Summary
Apogee Enterprises, Inc. announced on May 1, 2024, the appointment of Michael J. Zukich as its new Chief Executive Officer, effective immediately. Zukich, who previously served as President of Apogee's largest segment, will succeed Daniel R. Oberst. The company also announced the departure of Director, Steven J. Demarco, effective May 1, 2024.
Why It Matters
The appointment of a new CEO can signal a strategic shift for the company, potentially impacting its future performance and direction.
Risk Assessment
Risk Level: medium — Leadership changes can introduce uncertainty and affect strategic execution, impacting investor confidence.
Key Players & Entities
- Apogee Enterprises, Inc. (company) — Registrant
- Michael J. Zukich (person) — Newly appointed CEO
- Daniel R. Oberst (person) — Departing CEO
- Steven J. Demarco (person) — Departing Director
- May 1, 2024 (date) — Effective date of appointments and departures
FAQ
Who is the new Chief Executive Officer of Apogee Enterprises?
Michael J. Zukich has been appointed as the new Chief Executive Officer of Apogee Enterprises, effective May 1, 2024.
Who did Michael J. Zukich replace as CEO?
Michael J. Zukich replaced Daniel R. Oberst as CEO.
When was Michael J. Zukich's appointment effective?
The appointment of Michael J. Zukich as CEO was effective immediately as of May 1, 2024.
Has there been any director departure announced?
Yes, Director Steven J. Demarco departed effective May 1, 2024.
What was Michael J. Zukich's previous role at Apogee Enterprises?
Michael J. Zukich previously served as President of Apogee's largest segment.
Filing Stats: 2,523 words · 10 min read · ~8 pages · Grade level 13.6 · Accepted 2024-05-07 16:20:06
Key Financial Figures
- $0.33 — ange on which registered Common Stock, $0.33 1/3 Par Value APOG The Nasdaq Stock Mar
Filing Documents
- apog-20240501.htm (8-K) — 55KB
- exhibit102apog2019stockinc.htm (EX-10.2) — 30KB
- exhibit103-apog2019stockin.htm (EX-10.3) — 26KB
- exhibit107deferredexecutiv.htm (EX-10.7) — 94KB
- image1.jpg (GRAPHIC) — 6KB
- imagea.jpg (GRAPHIC) — 6KB
- 0000006845-24-000138.txt ( ) — 383KB
- apog-20240501.xsd (EX-101.SCH) — 2KB
- apog-20240501_lab.xml (EX-101.LAB) — 22KB
- apog-20240501_pre.xml (EX-101.PRE) — 13KB
- apog-20240501_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits. 10.1 Apogee Enterprises, Inc. 2019 Stock Incentive Plan, as Amended and Restated (2021) (incorporated by reference to Exhibit 4.5 to the Company's Registration Statement on Form S-8 filed on June 25, 2021). 10.2 A mended F orm of Restricted Stock Agreement under the Ap ogee Enterprises, Inc. 2019 Stock In centive Plan, as Amended and Restated (20 2 1) . 10.3 Amended F orm of Restricted Stock Unit Agreement under the Apogee Enterprises, Inc. 2019 Stock Incentive Plan, as Amended and Restate d (2021). 10.4 Form of Performance Award Agreement (incorporated by reference to Exhibit 10.2 to the Company's Current Report on Form 8-K filed on April 26, 2021). 10.5 Form of Executive Short-Term Incentive Plan Memorandum (incorporated by reference to Exhibit 10.3 to the Company's Current Report on Form 8-K filed on April 26, 2021). 10.6 Executive Short-Term Incentive Plan Terms and Conditions (incorporated by reference to Exhibit 10.4 to the Company's Current Report on Form 8-K filed on April 26, 2021). 10.7 Executive Equity Deferral Program Under the Apogee Enterprises, Inc. 2019 Stock Incentive Plan dated May 1, 2024 . SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. APOGEE ENTERPRISES, INC. By: /s/Meghan M. Elliott Meghan M. Elliott Senior Vice President, General Counsel and Secretary Date: May 7, 2024