Gibraltar Industries appoints Joseph Lovechio as CFO, succeeding retiring Tim Murphy

GIBRALTAR INDUSTRIES, INC.

Appointed Joseph A. Lovechio as CFO, effective August 19, 2024, succeeding Timothy F. Murphy who plans to retire.
Lovechio joins from Whirlpool Corp, where he was CFO North America Region (its largest region) since 2018.
Murphy will remain with Gibraltar through early 2025 to oversee transition and continue strategic initiatives.
New CFO's initial compensation: $480k base salary, 60% target bonus, LTI target of 120% of base (30% RSU + 90% PSU).
One-time awards: $150k cash incentive payable Oct 2024 and $250k RSU equity award vesting ratably over 3 years.

item 5.02 item 9.01

Executive movements

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Departed

Timothy F. Murphy

Chief Financial Officer

ROCK · GIBRALTAR INDUSTRIES, INC.

Effective: 2024-08-19
Successor: Joseph A. Lovechio
Filed: August 19, 2024, 7:59 PM ET

Mr. Lovechio will succeed Timothy F. Murphy, who recently announced his plans to retire.

Appointed

Joseph A. Lovechio

Vice President and Chief Financial Officer

ROCK · GIBRALTAR INDUSTRIES, INC.

Effective: 2024-08-19
Filed: August 19, 2024, 7:59 PM ET

On August 19, 2024, Gibraltar Industries, Inc. (the “Company”) announced that it has appointed Joseph A. Lovechio to serve as Vice President and Chief Financial Officer of the Company, effective August 19, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy F. Murphy departed as Chief Financial Officer at GIBRALTAR INDUSTRIES, INC..

Action: plans to retire
Role: Chief Financial Officer

Exact text from the filing

Mr. Lovechio will succeed Timothy F. Murphy, who recently announced his plans to retire.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph A. Lovechio was appointed as Vice President and Chief Financial Officer at GIBRALTAR INDUSTRIES, INC..

Action: appointed
Role: Vice President and Chief Financial Officer

Exact text from the filing

On August 19, 2024, Gibraltar Industries, Inc. (the “Company”) announced that it has appointed Joseph A. Lovechio to serve as Vice President and Chief Financial Officer of the Company, effective August 19, 2024.

View on SEC.gov

GIBRALTAR INDUSTRIES, INC. filing history →

Source: SEC EDGAR

accession 0000912562-24-000050

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