ESCO Technologies dismisses KPMG as auditor, appoints Grant Thornton for FY2022

ESCO TECHNOLOGIES INC

Dismissed KPMG effective after completion of FY2021 audit; no disagreements on accounting principles.
Appointed Grant Thornton as new independent auditor for fiscal year ending September 30, 2022.
KPMG's reports on FY2019 and FY2020 had explanatory paragraphs on adoption of ASC 606 and ASC 842.
Material weaknesses in internal control over financial reporting as of June 30, 2021 continued through Sept 30, 2021.
Audit Committee approved change after competitive proposal process.

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