secwatch.observer — SEC 8-K summary
======================================

Issuer:     TELEDYNE TECHNOLOGIES INC (TDY)
CIK:        0001094285
Form:       8-K
Filed at:   2021-08-30T23:59:59+00:00
Accession:  0001094285-21-000148
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Teledyne CEO Pichelli to retire Oct 15; Mehrabian to assume Chairman, President & CEO
--------------------------------------------------------------------------------

- Aldo Pichelli retires as President & CEO on Oct 15, 2021; Robert Mehrabian resumes Chairman, President & CEO roles.
- Jason VanWees promoted to Vice Chairman; George Bobb III becomes Senior Vice President with expanded oversight.
- Mehrabian base salary raised to $1.1M, AIP target to 150%, Performance Plan to 160%, one-time option award of $860K.
- Bylaws amended to allow Vice Chairman position to be held by an officer who is not a director.
- Other named execs (Main, Cibik) receive base salary increases and option awards; Pichelli forfeits 2021 option grant.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1094285/000109428521000148/0001094285-21-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1094285/000109428521000148/tdy-20210827.htm
  HTML page:      https://secwatch.observer/filing/0001094285-21-000148

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