---
schema_version: "secwatch.filing_event.v1"
accession: "0000096536-23-000004"
form_type: "8-K"
ticker: "TAYD"
cik: "0000096536"
company_name: "TAYLOR DEVICES, INC."
filed_at: "2023-01-06T23:59:59+00:00"
generated_at: "2026-06-20T19:13:51.362005+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Taylor Devices names Paul Heary CFO as Mark McDonough retires; Heary to receive $220K salary, 7K share options annually

## Summary
- Mark V. McDonough retired as CFO on Dec 31, 2022; remains Corporate Secretary.
- Paul Heary appointed CFO effective Jan 1, 2023; former CFO of Multisorb Technologies.
- Heary's annual base salary $220,000; eligible for management bonus and benefits.
- Heary eligible for annual incentive stock option award of 7,000 shares of common stock.

## SEC filing metadata
- accession: 0000096536-23-000004
- form_type: 8-K
- ticker: TAYD
- cik: 0000096536
- company_name: TAYLOR DEVICES, INC.
- filed_at: 2023-01-06T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/96536/000009653623000004/0000096536-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/96536/000009653623000004/tdi8k230106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000096536-23-000004
- JSON: https://secwatch.observer/filing/0000096536-23-000004.json
- Plain text: https://secwatch.observer/filing/0000096536-23-000004.txt

## Key facts
- Executive change
  Paul Heary was appointed as Chief Financial Officer at TAYLOR DEVICES, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: The Board of Directors has appointed Paul Heary as Chief Financial Officer of the Company effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96536/000009653623000004/0000096536-23-000004-index.htm
- Executive change
  Mark V. McDonough retired as Chief Financial Officer at TAYLOR DEVICES, INC..
  - Action: retired
  - Role: Chief Financial Officer
  source text: Taylor Devices, Inc. announced the retirement of Mark V. McDonough as Chief Financial Officer of the Company on December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/96536/000009653623000004/0000096536-23-000004-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.