Brady CEO Russell Shaller retires; board member Vineet Nargolwala appointed CEO effective June 8, 2026

BRADY CORP

CEO Russell Shaller retires effective June 8, 2026; will serve as consultant through Aug 1, 2026 at current salary and benefits.
Vineet Nargolwala appointed President and CEO; annual base salary $1M, target bonus 125% of salary, annual equity award $6.4M.
Nargolwala receives matching RSU award up to $2M if he buys BRC stock within 180 days, vesting over two years.
Change of Control Agreement provides 2x base salary + 2x target bonus upon qualifying termination within 24 months post-change of control.
Shaller retains all outstanding PSUs (full vesting upon performance goals) and preexisting equity; non-compete/non-solicit covenants remain.

item 5.02 item 9.01

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Executive movements

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Departed

Russell R. Shaller

President and Chief Executive Officer

BRC · BRADY CORP

Effective: 2026-06-08
Successor: Vineet Nargolwala
Filed: June 11, 2026, 3:01 PM ET

On June 8, 2026, Brady Corporation (the “Company”) announced that Russell R. Shaller will be retiring as the Company’s President and Chief Executive Officer, effective June 8, 2026 (the “Effective Date”).

Appointed

Vineet Nargolwala

President and Chief Executive Officer

BRC · BRADY CORP

Effective: 2026-06-08
Filed: June 11, 2026, 3:01 PM ET

The Company also announced that, as of June 8, 2026, Vineet Nargolwala has been appointed President and Chief Executive Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Russell R. Shaller departed as President and Chief Executive Officer at BRADY CORP.

Action: retiring
Role: President and Chief Executive Officer

Exact text from the filing

On June 8, 2026, Brady Corporation (the “Company”) announced that Russell R. Shaller will be retiring as the Company’s President and Chief Executive Officer, effective June 8, 2026 (the “Effective Date”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Vineet Nargolwala was appointed as President and Chief Executive Officer at BRADY CORP.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

The Company also announced that, as of June 8, 2026, Vineet Nargolwala has been appointed President and Chief Executive Officer.

View on SEC.gov

BRADY CORP filing history →

Source: SEC EDGAR

accession 0000746598-26-000026

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