leadership
confidence high
sentiment neutral
materiality 0.65
Franklin Electric appoints Jennifer Wolfenbarger as CFO, effective July 7, 2025
FRANKLIN ELECTRIC CO INC
- Wolfenbarger receives $500k base salary, 75% target bonus (prorated for 2025), and $75k signing bonus.
- Equity grant valued at ~$1.1M: 55% vests in one year, 45% vests in two years (cliff vesting).
- Previously served as divisional CFO at Owens Corning, Stryker, and Caterpillar.
- Succeeds interim CFO Russell Fleeger, who held role since March 28, 2025.
- Will relocate to Fort Wayne, with relocation assistance provided.
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