secwatch.observer — SEC 8-K summary
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Issuer:     SPX Technologies, Inc. (SPXC)
CIK:        0000088205
Form:       8-K
Filed at:   2022-12-07T23:59:59+00:00
Accession:  0000088205-22-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SPX Technologies appoints Mark Carano as CFO and Treasurer effective Jan 3, 2023
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- Mark Carano, previously SVP CFO of Insteel Industries, joins SPX as VP CFO & Treasurer.
- Interim CFO Michael Reilly will return to VP Finance and Chief Accounting Officer on Jan 3.
- Carano receives $500K base salary, 70% target bonus, $700K annual equity, $100K sign-on bonus, and $250K RSU.
- Carano has 14 years investment banking experience and senior roles at Babcock & Wilcox and Big River Steel.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88205/000008820522000046/0000088205-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88205/000008820522000046/spxc-20221207.htm
  HTML page:      https://secwatch.observer/filing/0000088205-22-000046

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