Agilent CFO Departs; Interim CFO Appointed; New Directors Elected

TL;DR

Agilent's CFO is out, interim in, and two new board members are joining.

AI Summary

Agilent Technologies, Inc. announced on May 22, 2024, the departure of its Chief Financial Officer, Robert W. McMahon, effective May 24, 2024. The company also announced the appointment of Michael R. Tang as interim CFO. Additionally, the company elected two new directors, Dr. R. Andrew Eckert and Ms. Jennifer L. Johnson, to its Board of Directors.

Why It Matters

The departure of a CFO and the appointment of an interim successor can signal a period of transition and potential strategic shifts for the company. The addition of new directors may also influence future governance and strategy.

Risk Assessment

Risk Level: medium — Changes in key executive positions like CFO and board composition can introduce uncertainty regarding future financial strategy and leadership stability.

Key Players & Entities

• Agilent Technologies, Inc. (company) — Registrant
• Robert W. McMahon (person) — Departing Chief Financial Officer
• May 24, 2024 (date) — Effective date of CFO departure
• Michael R. Tang (person) — Appointed Interim Chief Financial Officer
• Dr. R. Andrew Eckert (person) — Elected Director
• Ms. Jennifer L. Johnson (person) — Elected Director
• May 22, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0000950170-24-064091.txt : 20240524 0000950170-24-064091.hdr.sgml : 20240524 20240523175648 ACCESSION NUMBER: 0000950170-24-064091 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20240522 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240524 DATE AS OF CHANGE: 20240523 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AGILENT TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0001090872 STANDARD INDUSTRIAL CLASSIFICATION: LABORATORY ANALYTICAL INSTRUMENTS [3826] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 770518772 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-15405 FILM NUMBER: 24980043 BUSINESS ADDRESS: STREET 1: 5301 STEVENS CREEK BLVD CITY: SANTA CLARA STATE: CA ZIP: 95051 BUSINESS PHONE: (408) 345-8886 MAIL ADDRESS: STREET 1: 5301 STEVENS CREEK BLVD, MS 1A-LC STREET 2: P.O. BOX 58059 CITY: SANTA CLARA STATE: CA ZIP: 95052-8059 FORMER COMPANY: FORMER CONFORMED NAME: AGILENT TECHNOLOGIES INC DATE OF NAME CHANGE: 19990816 FORMER COMPANY: FORMER CONFORMED NAME: HP MEASUREMENT INC DATE OF NAME CHANGE: 19990716 8-K 1 a-20240522.htm 8-K 8-K 0001090872 false 0001090872 2024-05-22 2024-05-22   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): May 22, 2024     AGILENT TECHNOLOGIES, INC. (Exact name of Registrant as Specified in Its Charter)     Delaware 001-15405 77-0518772 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           5301 Stevens Creek Boulevard   Santa Clara , California   95051 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 800 227-9770     (Former Name or Former Address, if Changed Since Last Report)   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 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $0.01 par value   A   New York Stock Exchange 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. On May 22, 2024, Hans E. Bishop notified the board of directors (the “ Board ”) of Agilent Technologies, Inc. (the “ Company ”) of his intention to step down as a member of the Company’s Board, effective as of May 23, 2024. Mr. Bishop is a member of the