AZZ Inc. Appoints New CFO, Brad R. Smith
Ticker: AZZ · Form: 8-K · Filed: Jul 26, 2024 · CIK: 8947
| Field | Detail |
|---|---|
| Company | Azz INC (AZZ) |
| Form Type | 8-K |
| Filed Date | Jul 26, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, compensation
TL;DR
AZZ Inc. just hired a new CFO, Brad R. Smith, starting Aug 5th. Big money involved.
AI Summary
AZZ Inc. announced on July 25, 2024, the appointment of Brad R. R. Smith as the new Chief Financial Officer, effective August 5, 2024. Smith will receive an annual base salary of $450,000 and will be eligible for various incentive programs. He previously served as CFO at Valmont Industries, Inc.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact financial strategy and investor confidence.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategies and performance.
Key Numbers
- $450,000 — CFO Base Salary (Annual compensation for the new Chief Financial Officer.)
Key Players & Entities
- AZZ Inc. (company) — The company filing the report.
- Brad R. Smith (person) — Newly appointed Chief Financial Officer.
- $450,000 (dollar_amount) — Annual base salary for the new CFO.
- August 5, 2024 (date) — Effective date for the new CFO's appointment.
- Valmont Industries, Inc. (company) — Previous employer of the new CFO.
FAQ
Who is the new Chief Financial Officer of AZZ Inc.?
Brad R. Smith has been appointed as the new Chief Financial Officer of AZZ Inc.
When does Brad R. Smith's appointment as CFO become effective?
Brad R. Smith's appointment as CFO is effective August 5, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Brad R. Smith is $450,000.
Where did the new CFO previously work?
Brad R. Smith previously served as CFO at Valmont Industries, Inc.
What other compensation is the new CFO eligible for?
The new CFO is eligible for various incentive programs, including annual cash bonuses and long-term equity awards.
Filing Stats: 417 words · 2 min read · ~1 pages · Grade level 10.7 · Accepted 2024-07-26 16:31:27
Filing Documents
- azz-20240725.htm (8-K) — 27KB
- 0000008947-24-000198.txt ( ) — 154KB
- azz-20240725.xsd (EX-101.SCH) — 2KB
- azz-20240725_lab.xml (EX-101.LAB) — 23KB
- azz-20240725_pre.xml (EX-101.PRE) — 13KB
- azz-20240725_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive File (embedded with the Inline XBRL document)
SIGNATURES
SIGNATURES 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. AZZ Inc. Date: July 26, 2024 By: /s/ Tara D. Mackey Tara D. Mackey Chief Legal Officer and Secretary