ESCO Technologies Inc. Announces Executive and Director Changes

TL;DR

ESCO Tech (ESE) shakes up board and execs, filing details changes effective Oct 17.

AI Summary

On October 17, 2024, ESCO Technologies Inc. filed an 8-K report detailing changes in its executive and director positions. The filing includes information regarding the departure of certain officers and directors, the election of new directors, and updates to compensatory arrangements for key executives. Specific details on the individuals involved and the nature of the changes are provided within the report.

Why It Matters

Changes in executive and director roles can signal shifts in company strategy, governance, or operational focus, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Changes in leadership and compensatory arrangements can introduce uncertainty regarding future strategy and execution.

Key Players & Entities

• ESCO TECHNOLOGIES INC. (company) — Registrant
• Missouri (location) — State of Incorporation
• October 17, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share ESE New York Stock Exchan

Filing Documents

• tm2426443d1_8k.htm (8-K) — 22KB
• 0001104659-24-109788.txt ( ) — 190KB
• ese-20241017.xsd (EX-101.SCH) — 3KB
• ese-20241017_lab.xml (EX-101.LAB) — 33KB
• ese-20241017_pre.xml (EX-101.PRE) — 22KB
• tm2426443d1_8k_htm.xml (XML) — 3KB

From the Filing

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ----------------------------------------- FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported): October 17, 2024 ESCO TECHNOLOGIES INC. (Exact Name of Registrant as Specified in Charter) Missouri 1-10596 43-1554045 (State or Other (Commission (I.R.S. Employer Jurisdiction of Incorporation) File Number) Identification No.) 9900A Clayton Road , St. Louis , Missouri 63124-1186 (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: 314 - 213-7200 Securities registered pursuant to section 12(b) of the Act: Name of each exchange Title of each class Trading Symbol(s) on which registered Common Stock, par value $0.01 per share ESE New York Stock Exchange Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2 (b) under the Exchange Act (17 CFR 240.14d-2 (b)) Pre-commencement communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.113d-4 (c)) Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Increase in Size of Board of Directors; New Director Pursuant to the previous actions of the Company's Board of Directors and consistent with the disclosures made in Item 5.02 of the Company's Form 8-K filed August 7, 2024, effective October 17, 2024 the authorized size of Class II of the Company's Board of Directors was increased from two to three members, and Penelope M. Conner became a Class II director of the Company filling the vacancy thereby created, to serve for a term ending at the 2025 annual meeting of shareholders. The increase and Ms. Conner's election were subject to the requisite prior approval by the Federal Energy Regulatory Commission of such position, which was granted on October 17. Ms. Conner also became a member of the Nominating and Corporate Governance Committee of the Board of Directors effective upon the commencement of her term as a director. 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. Date: October 18, 2024 ESCO TECHNOLOGIES INC. By: /s/David M. Schatz David M. Schatz Senior Vice President, General Counsel and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR