Itron, Inc. Announces CFO Departure and Board Changes
Ticker: ITRI · Form: 8-K · Filed: Aug 14, 2025 · CIK: 780571
| Field | Detail |
|---|---|
| Company | Itron, Inc. (ITRI) |
| Form Type | 8-K |
| Filed Date | Aug 14, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-departure, board-changes, interim-appointment
TL;DR
Itron's CFO is out, interim CFO in, and two new directors join the board.
AI Summary
On August 11, 2025, Itron, Inc. announced the departure of its Chief Financial Officer, John Luongo, effective August 15, 2025. The company also appointed Melissa J. Schoeb as interim CFO. Additionally, Itron reported the election of two new directors, David L. Johnson and David M. Smith, to its Board of Directors.
Why It Matters
The departure of a CFO and the appointment of new board members can signal strategic shifts or financial restructuring within the company, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — CFO departures and board changes can indicate underlying issues or strategic realignments that may pose risks to the company's financial health and future direction.
Key Players & Entities
- Itron, Inc. (company) — Registrant
- John Luongo (person) — Chief Financial Officer
- August 15, 2025 (date) — Effective date of CFO departure
- Melissa J. Schoeb (person) — Interim Chief Financial Officer
- David L. Johnson (person) — Newly elected Director
- David M. Smith (person) — Newly elected Director
- August 11, 2025 (date) — Date of report
FAQ
Who is replacing John Luongo as CFO?
Melissa J. Schoeb has been appointed as the interim Chief Financial Officer.
When is John Luongo's departure effective?
John Luongo's departure as CFO is effective August 15, 2025.
Who are the new directors elected to Itron's Board?
David L. Johnson and David M. Smith have been elected as new directors.
What is Itron, Inc.'s ticker symbol?
The filing does not explicitly state the ticker symbol, but Itron, Inc. is the registrant.
What is the date of the earliest event reported in this 8-K?
The date of the earliest event reported is August 11, 2025.
Filing Stats: 668 words · 3 min read · ~2 pages · Grade level 9.7 · Accepted 2025-08-14 16:20:36
Filing Documents
- f8k_081425.htm (8-K) — 17KB
- exh_991.htm (EX-99.1) — 4KB
- exh991small_1.jpg (GRAPHIC) — 12KB
- 0001171843-25-005428.txt ( ) — 232KB
- gnw-20250101.xsd (EX-101.SCH) — 3KB
- gnw-20250101_def.xml (EX-101.DEF) — 25KB
- gnw-20250101_lab.xml (EX-101.LAB) — 35KB
- gnw-20250101_pre.xml (EX-101.PRE) — 24KB
- f8k_081425_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On August 14, 2025, the Company announced the appointment of Sheri Savage to the Company's Board. A copy of the press release announcing her appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 99.1 Press Release Dated August 14, 2025.* 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) *This exhibit is intended to be furnished and shall not be deemed "filed" for purposes of the Exchange Act. 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. Itron, Inc. Date: August 14, 2025 By: /s/ Christopher E. Ware Christopher E. Ware Senior Vice President, General Counsel and Corporate Secretary