{"schema_version":"secwatch.filing_event.v1","accession":"0000025445-24-000084","form_type":"8-K","ticker":"CXT","cik":"0000025445","company_name":"Crane NXT, Co.","filed_at":"2024-06-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.484297+00:00","generated_at":"2026-06-01T03:44:45.032529+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Crane NXT appoints Michael Mahan as President of CPI; Kurt Gallo to retire in Feb 2025","bullets":["Michael Mahan appointed President of Crane Payment Innovations (CPI) effective July 8, 2024, reporting to CEO Aaron Saak.","Kurt Gallo, SVP and interim President of CPI, announced retirement effective February 28, 2025, to ensure smooth transition.","Mahan previously led Schneider Electric's multi-billion dollar Transactional & Edge Line of Business, driving sales growth.","Gallo contributed 16 years to Crane, including acquisitions of MEI and Crane Currency and operational leadership."],"urls":{"canonical":"https://secwatch.observer/filing/0000025445-24-000084","json":"https://secwatch.observer/filing/0000025445-24-000084.json","markdown":"https://secwatch.observer/filing/0000025445-24-000084.md","text":"https://secwatch.observer/filing/0000025445-24-000084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/25445/000002544524000084/0000025445-24-000084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/25445/000002544524000084/cxt-20240617.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T03:44:45.032529+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8a53f98ffe","claim":"Michael Mahan was appointed as President of Crane Payment Innovations (CPI) at Crane NXT, Co..","evidence_excerpt":"it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25445/000002544524000084/0000025445-24-000084-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President of Crane Payment Innovations (CPI)"}],"fact_type":"executive_change"},{"claim_id":"a3fdf2d01b","claim":"Kurt Gallo retired as Senior Vice President and interim President of CPI at Crane NXT, Co..","evidence_excerpt":"Kurt Gallo, Senior Vice President and interim President of CPI, informed the Company of his decision to retire from the Company. His retirement will be effective February 28, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/25445/000002544524000084/0000025445-24-000084-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"retired"},{"label":"Role","value":"Senior Vice President and interim President of CPI"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}