secwatch.observer — SEC 8-K summary
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Issuer:     DONALDSON Co INC (DCI)
CIK:        0000029644
Form:       8-K
Filed at:   2022-10-04T23:59:59+00:00
Accession:  0000029644-22-000111
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Donaldson SVP Jeffrey Spethmann resigns; receives $465,000 separation payment
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- Jeffrey E. Spethmann resigned as SVP, Industrial Products, effective Oct 7, 2022; will remain employee until Nov 1, 2022 for transition.
- Spethmann agreed to two-year non-solicitation of employees and customary release of claims.
- Company to pay lump sum of $465,000 and outplacement assistance up to $15,000.
- Departure part of organizational redesign; no successor named.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29644/000002964422000111/0000029644-22-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29644/000002964422000111/dci-20221004.htm
  HTML page:      https://secwatch.observer/filing/0000029644-22-000111

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