secwatch.observer — SEC 8-K summary
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Issuer:     BIO-RAD LABORATORIES, INC. (BIO)
CIK:        0000012208
Form:       8-K
Filed at:   2024-03-20T23:59:59+00:00
Accession:  0000012208-24-000018
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bio-Rad appoints Roop K. Lakkaraju as EVP, CFO effective April 15, 2024
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- Roop K. Lakkaraju joins from Benchmark Electronics, where he was EVP & CFO since 2018.
- Annual base salary $600,000; 2024 target cash bonus 75% of eligible earnings.
- RSU grant valued at $1,450,000 within 60 days of hire; 2024 LTI target $2,000,000.
- Severance of 18 months base salary if terminated without cause, subject to release.
- Housing and relocation credit of $20,000; no family relationships or material interests disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/12208/000001220824000018/0000012208-24-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/12208/000001220824000018/bio-20240320.htm
  HTML page:      https://secwatch.observer/filing/0000012208-24-000018

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer