SIFCO appoints George Scherff as CEO effective July 8, 2024; Knapper retires earlier

SIFCO INDUSTRIES INC

George Scherff appointed CEO effective July 8, 2024; base salary $300,000 with target bonus of 35%.
Peter Knapper's retirement accelerated from Dec 31 to July 8; receives salary through Dec 31, $125K bonus, $45,100 lump sum.
Scherff has prior CEO experience at Thermal Systems Manufacturing, Paradigm Packaging, Lund International, and others.
Board Chair Alayne Reitman thanked Knapper for service and cited Scherff's leadership in growth and transition periods.

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

Peter W. Knapper

President and Chief Executive Officer

SIF · SIFCO INDUSTRIES INC

Effective: 2024-07-08
Successor: George Scherff
Filed: June 28, 2024, 7:59 PM ET

Mr. Knapper will advance his retirement from his position as President and Chief Executive Officer of the Company to be effective as of July 8, 2024.

Appointed

George Scherff

Chief Executive Officer

SIF · SIFCO INDUSTRIES INC

Effective: 2024-07-08
Filed: June 28, 2024, 7:59 PM ET

The Board authorized the Company to extend an offer of employment to Mr. George Scherff to succeed Mr. Knapper as Chief Executive Officer of the Company

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Peter W. Knapper retired as President and Chief Executive Officer at SIFCO INDUSTRIES INC.

Action: retired
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Knapper will advance his retirement from his position as President and Chief Executive Officer of the Company to be effective as of July 8, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

George Scherff was appointed as Chief Executive Officer at SIFCO INDUSTRIES INC.

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

The Board authorized the Company to extend an offer of employment to Mr. George Scherff to succeed Mr. Knapper as Chief Executive Officer of the Company

View on SEC.gov

SIFCO INDUSTRIES INC filing history →

Source: SEC EDGAR

accession 0000090168-24-000024

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.