Trimble names new CAO and CIO; CAO Shepard retiring early 2026

TRIMBLE INC.

Julie Shepard retires early 2026 after 18 years; transition through Sept 2025.
Kenneth Bement named CAO effective Sept 2, 2025; base salary $400K, $200K bonus, $2M in RSUs.
Bement co-wrote ASC 606 revenue standard while at FASB.
Jim Palermo hired as newly created CIO role to support digital transformation.
Palermo was CIO at Red Hat; previously at Cisco and Nortel.

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