Oshkosh Corp Appoints New CEO, Adds Directors
Ticker: OSK · Form: 8-K · Filed: Jun 3, 2024 · CIK: 775158
Sentiment: neutral
Topics: leadership-change, executive-appointment, board-of-directors
TL;DR
New CEO John Pfeiffer takes over Oshkosh June 14th, board adds two directors.
AI Summary
Oshkosh Corporation announced on June 3, 2024, changes in its executive team and board of directors. Specifically, it appointed John M. Pfeiffer as Chief Executive Officer and President, effective June 14, 2024. Additionally, the company announced the election of two new independent directors, Michael J. R. Hart and David J. Miller, to its Board of Directors, also effective June 14, 2024.
Why It Matters
This filing indicates a significant leadership transition at Oshkosh Corporation, with a new CEO taking the helm and new independent directors joining the board, which could signal strategic shifts.
Risk Assessment
Risk Level: medium — Leadership changes and board refresitions can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- Oshkosh Corporation (company) — Registrant
- John M. Pfeiffer (person) — Appointed Chief Executive Officer and President
- Michael J. R. Hart (person) — Elected Independent Director
- David J. Miller (person) — Elected Independent Director
- June 14, 2024 (date) — Effective date for CEO appointment and director elections
FAQ
Who is the new Chief Executive Officer and President of Oshkosh Corporation?
John M. Pfeiffer has been appointed as the new Chief Executive Officer and President of Oshkosh Corporation.
When does the new CEO's appointment become effective?
The appointment of John M. Pfeiffer as CEO and President is effective June 14, 2024.
How many new independent directors were elected to the Board of Directors?
Two new independent directors, Michael J. R. Hart and David J. Miller, were elected to the Board of Directors.
What is the effective date for the election of the new directors?
The election of Michael J. R. Hart and David J. Miller as independent directors is effective June 14, 2024.
What was Oshkosh Corporation's former name?
Oshkosh Corporation's former name was Oshkosh Truck Corp, with a date of name change on July 3, 1992.
Filing Stats: 495 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2024-06-03 16:35:20
Key Financial Figures
- $0.01 — nge on which registered Common Stock ($0.01 par value) OSK New York Stock Excha
Filing Documents
- tm2416311d1_8k.htm (8-K) — 27KB
- 0001104659-24-067812.txt ( ) — 195KB
- osk-20240603.xsd (EX-101.SCH) — 3KB
- osk-20240603_lab.xml (EX-101.LAB) — 33KB
- osk-20240603_pre.xml (EX-101.PRE) — 22KB
- tm2416311d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 3, 2024, Oshkosh Corporation (the "Company") disclosed that Michael Pack, the Company's Executive Vice President and Chief Financial Officer, has been appointed as President of the Company's Vocational segment, effective immediately, succeeding Jim Johnson, who had served as the Company's Executive Vice President and President, Vocational. The Company has initiated a search process with the assistance of a leading executive search firm to identify the Company's next Chief Financial Officer. Mr. Pack will continue to serve as Chief Financial Officer until a successor is named. Mr. Johnson is retiring from the Company, effective June 30, 2024. He participates in the Company's Executive Severance Policy under which he may be entitled to receive severance compensation as a result of the termination of his employment.
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. OSHKOSH CORPORATION Date: June 3, 2024 By: /s/ Ignacio A. Cortina Ignacio A. Cortina Executive Vice President, Chief Legal Officer and Secretary