IDEX appoints Abhi Khandelwal as CFO effective Nov 20, 2023

IDEX CORP /DE/

Khandelwal, former IDEX VP (2010-2020), returns from Multi-Color Corp CFO role.
He receives $575K base salary, 75% target bonus, $1.3M annual equity, $2M new hire equity, $300K sign-on.
Allison Lausas steps down as interim CFO, continues as VP and Chief Accounting Officer.
Severance: 12 months base+bonus without cause; double under change in control within 24 months.
No family relationships or related transactions; subject to non-compete and non-solicit.

item 5.02 item 7.01 item 9.01

Executive movements

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

Appointed

Abhishek Khandelwal

Senior Vice President and Chief Financial Officer

IEX · IDEX CORP /DE/

Effective: 2023-11-20
Filed: October 25, 2023, 7:59 PM ET

On October 25, 2023, IDEX Corporation (the “Company”) announced the appointment of Abhishek Khandelwal as Senior Vice President and Chief Financial Officer of the Company, effective November 20, 2023.

Role change

Allison S. Lausas

Interim Chief Financial Officer

IEX · IDEX CORP /DE/

Effective: 2023-11-20
Successor: Abhishek Khandelwal
Filed: October 25, 2023, 7:59 PM ET

In connection with his appointment, on November 20, 2023, Allison S. Lausas, will cease serving as Interim Chief Financial Officer and will continue serving as the Company’s Vice President and Chief Accounting Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Abhishek Khandelwal was appointed as Senior Vice President and Chief Financial Officer at IDEX CORP /DE/.

Action: appointed
Role: Senior Vice President and Chief Financial Officer

Exact text from the filing

On October 25, 2023, IDEX Corporation (the “Company”) announced the appointment of Abhishek Khandelwal as Senior Vice President and Chief Financial Officer of the Company, effective November 20, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Allison S. Lausas changed role as Interim Chief Financial Officer at IDEX CORP /DE/.

Action: ceased serving as Interim Chief Financial Officer
Role: Interim Chief Financial Officer

Exact text from the filing

In connection with his appointment, on November 20, 2023, Allison S. Lausas, will cease serving as Interim Chief Financial Officer and will continue serving as the Company’s Vice President and Chief Accounting Officer.

View on SEC.gov

IDEX CORP /DE/ filing history →

Source: SEC EDGAR

accession 0000832101-23-000044

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