Veralto Corp: Director Departs, New Directors Elected
Ticker: VLTO · Form: 8-K · Filed: Jul 16, 2024 · CIK: 1967680
| Field | Detail |
|---|---|
| Company | Veralto CORP (VLTO) |
| Form Type | 8-K |
| Filed Date | Jul 16, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, director-departure, director-election, compensation
TL;DR
Veralto's board sees a shuffle: Dacquino out, Horgan and Dacquino (again?) in. Compensatory arrangements also disclosed.
AI Summary
On July 16, 2024, Veralto Corporation filed an 8-K detailing the departure of Director David M. Dacquino, effective July 12, 2024. The filing also announced the election of two new directors, Michael J. Horgan and David M. Dacquino, to the Board of Directors, effective July 16, 2024. Additionally, the company reported on compensatory arrangements for certain officers.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future decision-making.
Risk Assessment
Risk Level: low — The filing primarily concerns routine board changes and compensatory arrangements, with no immediate financial distress or significant operational shifts indicated.
Key Players & Entities
- Veralto Corporation (company) — Registrant
- David M. Dacquino (person) — Departing and newly elected Director
- Michael J. Horgan (person) — Newly elected Director
- July 16, 2024 (date) — Date of report
- July 12, 2024 (date) — Effective date of director departure
FAQ
Who is David M. Dacquino and what is his role?
David M. Dacquino was a Director of Veralto Corporation who departed effective July 12, 2024, and was subsequently elected as a new Director effective July 16, 2024.
Who are the new directors elected to Veralto's Board?
Michael J. Horgan and David M. Dacquino were elected as new directors to Veralto Corporation's Board, effective July 16, 2024.
What is the effective date of the reported board changes?
The departure of David M. Dacquino was effective July 12, 2024, and the election of the new directors was effective July 16, 2024.
What other information is disclosed in this 8-K filing?
The filing also reports on compensatory arrangements of certain officers.
What is Veralto Corporation's state of incorporation and fiscal year end?
Veralto Corporation is incorporated in Delaware and its fiscal year ends on December 31.
Filing Stats: 664 words · 3 min read · ~2 pages · Grade level 11.3 · Accepted 2024-07-16 16:32:32
Key Financial Figures
- $0.01 — ange on which registered Common stock, $0.01 par value VLTO New York Stock Exchange
Filing Documents
- vlto-20240716.htm (8-K) — 29KB
- vlto-2024716xex991.htm (EX-99.1) — 7KB
- image_0a.jpg (GRAPHIC) — 3KB
- vlto-20240716_g1.jpg (GRAPHIC) — 570KB
- 0001967680-24-000076.txt ( ) — 1490KB
- vlto-20240716.xsd (EX-101.SCH) — 2KB
- vlto-20240716_lab.xml (EX-101.LAB) — 22KB
- vlto-20240716_pre.xml (EX-101.PRE) — 13KB
- vlto-20240716_htm.xml (XML) — 3KB
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit No. Description 99.1 Press release of Veralto Corporation, dated as o f July 16, 2024 104 Cover Page Interactive Data File (formatted as inline XBRL with applicable taxonomy extension information contained in Exhibit 101)
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. VERALTO CORPORATION Date: July 16, 2024 By: /s/ James A. Tanaka Name: James A. Tanaka Title: Vice President, Securities & Governance and Secretary