Crane NXT Appoints New CFO and Directors
Ticker: CXT · Form: 8-K · Filed: Apr 2, 2024 · CIK: 25445
Sentiment: neutral
Topics: management-change, board-of-directors, executive-appointment
TL;DR
New CFO & board members at Crane NXT – watch for strategic shifts.
AI Summary
Crane NXT, Co. announced on March 27, 2024, changes in its executive team and board of directors. Specifically, it appointed Michael R. Smith as Chief Financial Officer and elected two new directors, Ms. Susan L. Kaminski and Mr. David M. Petrone, to its Board of Directors, effective immediately. These appointments are part of the company's ongoing governance and operational adjustments.
Why It Matters
These executive and board changes could signal a shift in strategic direction or financial oversight for Crane NXT, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing details routine executive and board appointments, which typically carry low immediate risk.
Key Players & Entities
- Crane NXT, Co. (company) — Registrant
- Michael R. Smith (person) — Appointed Chief Financial Officer
- Susan L. Kaminski (person) — Elected Director
- David M. Petrone (person) — Elected Director
- March 27, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Crane NXT, Co.?
Michael R. Smith has been appointed as the new Chief Financial Officer of Crane NXT, Co.
When were the board changes effective?
The board changes were effective as of March 27, 2024.
How many new directors were elected to the Board?
Two new directors, Ms. Susan L. Kaminski and Mr. David M. Petrone, were elected to the Board.
What is the principal executive office address for Crane NXT, Co.?
The principal executive office address is 950 Winter Street, 4th Floor North, Waltham, MA 02451.
What is the SIC code for Crane NXT, Co.?
The Standard Industrial Classification (SIC) code for Crane NXT, Co. is 3490 (MISCELLANEOUS FABRICATED METAL PRODUCTS).
Filing Stats: 729 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-04-02 16:36:31
Key Financial Figures
- $1.00 — ich registered Common Stock, par value $1.00 CXT New York Stock Exchange Indicate
Filing Documents
- cxt-20240327.htm (8-K) — 34KB
- exhibit991-pressreleasexap.htm (EX-99.1) — 6KB
- imagea.jpg (GRAPHIC) — 3KB
- 0000025445-24-000052.txt ( ) — 168KB
- cxt-20240327.xsd (EX-101.SCH) — 2KB
- cxt-20240327_lab.xml (EX-101.LAB) — 21KB
- cxt-20240327_pre.xml (EX-101.PRE) — 12KB
- cxt-20240327_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description of Exhibit 99.1 Press Release dated April 2, 2024, issued by Crane NXT, Co. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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. CRANE NXT, CO. April 2, 2024 By: /s/ Paul G. Igoe Paul G. Igoe Senior Vice President, General Counsel and Secretary 3