secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2024-05-16T23:59:59+00:00
Accession:  0000052988-24-000038
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs appoints Venk Nathamuni as CFO effective June 3, 2024; former Cirrus Logic CFO
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- Nathamuni, 57, previously CFO of Cirrus Logic (NASD:CRUS), succeeds interim CFO Kevin Berryman.
- Base salary of $625,000; annual incentive target of 100% of salary; fiscal 2024 equity award valued at $1.75M.
- Sign-on cash bonus of $150,000 (clawback if resign before June 2025) and $500K sign-on RSUs vesting over 2 years.
- Appointment is part of ongoing leadership transition; Berryman will continue to support separation of CMS/C&I business.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000005298824000038/0000052988-24-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000005298824000038/j-20240516.htm
  HTML page:      https://secwatch.observer/filing/0000052988-24-000038

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