Patterson Companies Announces Director Changes and Officer Compensation Updates
| Field | Detail |
|---|---|
| Company | Patterson Companies, Inc. |
| Form Type | 8-K |
| Filed Date | Apr 22, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, officer-compensation, board-changes
Related Tickers: PDCO
TL;DR
Patterson Companies (PDCO) board shakeup: DeNino out, Johnson in. Officer comp details also filed.
AI Summary
Patterson Companies, Inc. announced on April 17, 2025, the departure of Director Michael J. DeNino and the election of new Director David R. Johnson. The company also reported on compensatory arrangements for certain officers, effective April 17, 2025.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance changes and executive compensation disclosures, which typically carry low immediate risk.
Key Players & Entities
- Patterson Companies, Inc. (company) — Registrant
- Michael J. DeNino (person) — Departing Director
- David R. Johnson (person) — Newly Elected Director
- April 17, 2025 (date) — Effective date of changes
- April 22, 2025 (date) — Filing date
FAQ
Who has departed from the Board of Directors at Patterson Companies?
Michael J. DeNino has departed from the Board of Directors.
Who has been elected as a new Director at Patterson Companies?
David R. Johnson has been elected as a new Director.
What is the effective date of the reported changes?
The earliest event reported is dated April 17, 2025.
What other information is included in this 8-K filing besides director changes?
The filing also includes information regarding compensatory arrangements of certain officers.
What is the state of incorporation for Patterson Companies, Inc.?
Patterson Companies, Inc. is incorporated in Minnesota.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 22, 2025 by Michael J. DeNino regarding PATTERSON COMPANIES, INC..