secwatch.observer — SEC 8-K summary
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Issuer:     IDEX CORP /DE/ (IEX)
CIK:        0000832101
Form:       8-K
Filed at:   2023-10-25T23:59:59+00:00
Accession:  0000832101-23-000044
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IDEX appoints Abhi Khandelwal as CFO effective Nov 20, 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/832101/000083210123000044/0000832101-23-000044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/832101/000083210123000044/iex-20231020.htm
  HTML page:      https://secwatch.observer/filing/0000832101-23-000044

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