secwatch.observer — SEC 8-K summary
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Issuer:     BELDEN INC. (BDC)
CIK:        0000913142
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000913142-23-000006
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Belden appoints Ashish Chand as President and CEO after Roel Vestjens resigns
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- Ashish Chand, formerly EVP Industrial Automation, named President and CEO effective February 22, 2023.
- Roel Vestjens resigned as President and CEO for personal reasons, unrelated to company performance.
- Chand's base salary set at $900,000; target annual cash incentive 120% of salary; LTI 400% of salary.
- Belden reaffirms Q1 2023 GAAP EPS $1.29-$1.39 and FY 2023 GAAP EPS $5.73-$6.13.
- Company reiterates target of $8.00+ adjusted EPS by 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/0000913142-23-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/913142/000091314223000006/bdc-20230222.htm
  HTML page:      https://secwatch.observer/filing/0000913142-23-000006

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