MSA Safety elects Steve Blanco CEO effective May 10, 2024; Vartanian retires as CEO

MSA Safety Inc

Steve Blanco, 57, currently President and COO, to succeed Nish Vartanian as CEO effective May 10, 2024.
Blanco elected to Board immediately; Vartanian will remain a director after retirement.
Blanco's compensation: $900k base salary, 90% target annual incentive under Executive Incentive Plan.
Blanco received MEIP grant valued at $2.4M on Feb 20, 2024; target annual equity of $3.79M for 2025.
Vartanian, 64, a 39-year MSA veteran, led company through record sales and profitability as CEO since 2018.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Nishan J. Vartanian

Chief Executive Officer

MSA · MSA Safety Inc

Effective: 2024-05-10
Successor: Steven C. Blanco
Filed: February 22, 2024, 6:59 PM ET

Nishan J. Vartanian’s announcement to the Board on February 21, 2024, of his intention to retire as Chief Executive Officer in May 2024.

Appointed

Steven C. Blanco

Chief Executive Officer

MSA · MSA Safety Inc

Effective: 2024-05-10
Filed: February 22, 2024, 6:59 PM ET

On February 21, 2024, the Board of Directors (the “Board”) of MSA Safety Incorporated (the “Company”) elected Steven C. Blanco as Chief Executive Officer, to be effective May 10, 2024.

Appointed

Steven C. Blanco

Director

MSA · MSA Safety Inc

Effective: 2024-02-21
Filed: February 22, 2024, 6:59 PM ET

The Board also elected Mr. Blanco as a director on the Board, effective immediately.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Nishan J. Vartanian departed as Chief Executive Officer at MSA Safety Inc.

Action: retire
Role: Chief Executive Officer

Exact text from the filing

Nishan J. Vartanian’s announcement to the Board on February 21, 2024, of his intention to retire as Chief Executive Officer in May 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven C. Blanco was elected as Chief Executive Officer at MSA Safety Inc.

Action: elected
Role: Chief Executive Officer

Exact text from the filing

On February 21, 2024, the Board of Directors (the “Board”) of MSA Safety Incorporated (the “Company”) elected Steven C. Blanco as Chief Executive Officer, to be effective May 10, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Steven C. Blanco was elected as Director at MSA Safety Inc.

Action: elected
Role: Director

Exact text from the filing

The Board also elected Mr. Blanco as a director on the Board, effective immediately.

View on SEC.gov

MSA Safety Inc filing history →

Source: SEC EDGAR

accession 0000066570-24-000013

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