Lineage, Inc. Appoints New CFO, O'Hanlon
Ticker: LINE · Form: 8-K · Filed: Jun 2, 2025 · CIK: 1868159
Sentiment: neutral
Topics: executive-change, cfo-appointment
TL;DR
Lineage Inc. names Michael T. O'Hanlon new CFO, starting June 3rd. Lonergan out.
AI Summary
On May 29, 2025, Lineage, Inc. announced the appointment of Michael T. O'Hanlon as Chief Financial Officer, effective June 3, 2025. O'Hanlon will receive an annual base salary of $350,000 and will be eligible for a discretionary annual bonus. The company also reported the departure of former CFO, Robert J. M. Lonergan, effective June 3, 2025.
Why It Matters
The appointment of a new CFO can signal a shift in financial strategy or leadership for Lineage, Inc., potentially impacting investor confidence and future financial performance.
Risk Assessment
Risk Level: low — This filing primarily concerns a routine executive appointment and departure, with no immediate financial distress or significant strategic shifts indicated.
Key Numbers
- $350,000 — New CFO Annual Salary (This is the base salary for the newly appointed Chief Financial Officer, Michael T. O'Hanlon.)
Key Players & Entities
- Lineage, Inc. (company) — Registrant
- Michael T. O'Hanlon (person) — Appointed Chief Financial Officer
- June 3, 2025 (date) — Effective date of new CFO appointment
- $350,000 (dollar_amount) — Annual base salary for new CFO
- Robert J. M. Lonergan (person) — Departing Chief Financial Officer
FAQ
Who has been appointed as the new Chief Financial Officer of Lineage, Inc.?
Michael T. O'Hanlon has been appointed as the new Chief Financial Officer of Lineage, Inc.
When is Michael T. O'Hanlon's appointment as CFO effective?
Michael T. O'Hanlon's appointment as CFO is effective June 3, 2025.
What is the annual base salary for the new CFO?
The annual base salary for the new CFO, Michael T. O'Hanlon, is $350,000.
Who is the former Chief Financial Officer of Lineage, Inc.?
Robert J. M. Lonergan is the former Chief Financial Officer of Lineage, Inc.
When is the departure of the former CFO effective?
The departure of the former CFO, Robert J. M. Lonergan, is effective June 3, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 2, 2025 by Michael T. O'Hanlon regarding Lineage, Inc. (LINE).