Helios Technologies CFO Resigns; Interim Appointed
Ticker: HLIO · Form: 8-K · Filed: Dec 6, 2024 · CIK: 1024795
| Field | Detail |
|---|---|
| Company | Helios Technologies, INC. (HLIO) |
| Form Type | 8-K |
| Filed Date | Dec 6, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.09 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-resignation
TL;DR
CFO out at Helios Tech, interim steps in. Watch for fallout.
AI Summary
On December 5, 2024, Helios Technologies, Inc. filed an 8-K report to disclose the resignation of its Chief Financial Officer, Paul J. Sulek, effective December 4, 2024. The company has appointed Sarah M. Wilson as interim CFO. Helios Technologies, Inc. is headquartered in Sarasota, Florida.
Why It Matters
The sudden departure of a CFO can signal internal challenges or strategic shifts, potentially impacting investor confidence and the company's financial direction.
Risk Assessment
Risk Level: medium — A CFO resignation, especially without immediate explanation, can create uncertainty about the company's financial health and future strategy.
Key Players & Entities
- Helios Technologies, Inc. (company) — Registrant
- Paul J. Sulek (person) — Resigning Chief Financial Officer
- Sarah M. Wilson (person) — Interim Chief Financial Officer
- December 05, 2024 (date) — Date of Report
- December 04, 2024 (date) — Effective date of CFO resignation
FAQ
Who has been appointed as the interim Chief Financial Officer of Helios Technologies, Inc.?
Sarah M. Wilson has been appointed as the interim Chief Financial Officer.
When was the resignation of Paul J. Sulek effective?
The resignation of Paul J. Sulek was effective December 4, 2024.
What is the exact name of the company filing this report?
The exact name of the company is HELIOS TECHNOLOGIES, INC.
In which state is Helios Technologies, Inc. incorporated?
Helios Technologies, Inc. is incorporated in Florida.
What is the address of Helios Technologies, Inc.'s principal executive offices?
The address of the principal executive offices is 7456 16th St E, Sarasota, Florida 34243.
Filing Stats: 432 words · 2 min read · ~1 pages · Grade level 11.4 · Accepted 2024-12-06 09:44:42
Key Financial Figures
- $0.09 — hed hereto as Exhibit 99.1 announcing a $0.09 per share cash dividend on its common s
Filing Documents
- hlio-20241205.htm (8-K) — 41KB
- hlio-ex99_1.htm (EX-99.1) — 10KB
- img252001787_0.jpg (GRAPHIC) — 3KB
- 0000950170-24-133883.txt ( ) — 166KB
- hlio-20241205.xsd (EX-101.SCH) — 23KB
- hlio-20241205_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On December 5, 2024, the Registrant issued the press release attached hereto as Exhibit 99.1 announcing a $0.09 per share cash dividend on its common stock, payable on January 20, 2025, to shareholders of record as of January 3, 2025.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits 99.1 Press release dated December 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 thereunto duly authorized. HELIOS TECHNOLOGIES, INC. Date: December 6, 2024 By: /s/ Sean Bagan Sean Bagan Interim President, Chief Executive Officer, and Chief Financial Officer (Principal Executive Officer and Principal Financial and Accounting Officer)