---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-121229"
form_type: "8-K"
ticker: "ESE"
cik: "0000866706"
company_name: "ESCO TECHNOLOGIES INC"
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:33:53.891628+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CEO Victor Richey to retire Dec 31; becomes Executive Chairman through 2023

## Summary
- Richey base salary cut to $650K from Jan 1; gets one-time RSU of $1.5M in lieu of 2023 LTI award.
- Incoming CEO Bryan Sayler receives PSU target of $715K; CFO Tucker $285K; GC Schatz $147.75K.
- Bylaws amended effective Jan 1, 2023: allows separation of CEO/President from Board Chair; adopts universal proxy rules.
- 10b5-1 repurchase plan extended one year via J.P. Morgan under existing buyback authority.

## SEC filing metadata
- accession: 0001104659-22-121229
- form_type: 8-K
- ticker: ESE
- cik: 0000866706
- company_name: ESCO TECHNOLOGIES INC
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866706/000110465922121229/0001104659-22-121229-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866706/000110465922121229/tm2231072d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-121229
- JSON: https://secwatch.observer/filing/0001104659-22-121229.json
- Plain text: https://secwatch.observer/filing/0001104659-22-121229.txt

## Key facts
- Executive change
  Bryan H. Sayler was appointed as Chief Executive Officer & President at ESCO TECHNOLOGIES INC.
  - Action: Incoming
  - Role: Chief Executive Officer & President
  source text: Bryan H. Sayler Incoming (1/1/23) Chief Executive Officer & President
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465922121229/0001104659-22-121229-index.htm
- Executive change
  Victor L. Richey was appointed as Executive Chairman at ESCO TECHNOLOGIES INC.
  - Action: appointed
  - Role: Executive Chairman
  source text: Under the amended agreement, which is expected to be executed before the end of December, Mr. Richey will continue his employment with the title of Executive Chairman for a term ending not later than December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465922121229/0001104659-22-121229-index.htm
- Governance Changes
  ESCO TECHNOLOGIES INC: Amendments to Bylaws including separation of President/CEO and Board Chair positions, changes for Universal Proxy Rules, shareholder meeting conduct, and terminology updates (effective 2023-01-01).
  - Change: bylaw amendment
  - Effective: 2023-01-01
  source text: On November 16, 2022 the Company’s Board of Directors approved amendments to the Company’s Bylaws to become effective January 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/866706/000110465922121229/0001104659-22-121229-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.