COO Patrick M. Burns to depart Gibraltar Industries effective Dec 30, 2022

GIBRALTAR INDUSTRIES, INC.

Mutually agreed departure; COO responsibilities reallocated among existing management team.
Receives base salary of $574,137.50 paid over 15 months as severance.
Eligible for 2022 MICP incentive payout when paid to other employees.
Company subsidizes 80% of medical COBRA premium through Mar 31, 2024.
Subject to 12-month non-compete, non-solicitation, and confidentiality covenants.

item 5.02 item 9.01

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Departed

Patrick M. Burns

Chief Operating Officer

ROCK · GIBRALTAR INDUSTRIES, INC.

Effective: 2022-12-30
Filed: December 5, 2022, 6:59 PM ET

On December 2, 2022, Gibraltar Industries, Inc. (the “Company”) and Patrick M. Burns, the Company’s Chief Operating Officer, mutually agreed that Mr. Burns will depart from his position, effective December 30, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Patrick M. Burns departed as Chief Operating Officer at GIBRALTAR INDUSTRIES, INC..

Action: depart
Role: Chief Operating Officer

Exact text from the filing

On December 2, 2022, Gibraltar Industries, Inc. (the “Company”) and Patrick M. Burns, the Company’s Chief Operating Officer, mutually agreed that Mr. Burns will depart from his position, effective December 30, 2022.

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Source: SEC EDGAR

accession 0000912562-22-000041

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