CEO succession effective: Richey retires, becomes Executive Chairman; Sayler named CEO & President

ESCO TECHNOLOGIES INC

Victor L. Richey retired as CEO & President Dec 31, 2022; assumed Executive Chairman Jan 1, 2023.
Bryan H. Sayler succeeded to CEO and President effective Jan 1, 2023; also appointed Class I director.
Board size increased from 8 to 9; James Stolze remains Lead Director.
Richey receives $650K base salary, reduced cash incentive ($487,500 prorated), and 17,241 RSUs ($1.5M) vesting Dec 31, 2023.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Victor L. Richey

Executive Chairman of the Board of Directors

ESE · ESCO TECHNOLOGIES INC

Effective: 2023-01-01
Successor: Bryan H. Sayler
Filed: January 6, 2023, 6:59 PM ET

Effective December 31, 2022, the Company's Chairman, Chief Executive Officer and President, Victor L. Richey, retired as Chief Executive Officer and President. Effective January 1, 2023 Mr. Richey, a current director, assumed the position of Executive Chairman of the Board of Directors.

Appointed

Bryan H. Sayler

Chief Executive Officer and President

ESE · ESCO TECHNOLOGIES INC

Effective: 2023-01-01
Filed: January 6, 2023, 6:59 PM ET

On January 1, 2023, Bryan H. Sayler succeeded to the offices of Chief Executive Officer and President of the Company.

Appointed

Bryan H. Sayler

Class I director

ESE · ESCO TECHNOLOGIES INC

Effective: 2023-01-01
Filed: January 6, 2023, 6:59 PM ET

Bryan H. Sayler became a Class I director of the Company filling the vacancy thereby created

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Victor L. Richey changed role as Executive Chairman of the Board of Directors at ESCO TECHNOLOGIES INC.

Action: retired as Chief Executive Officer and President, assumed position of Executive Chairman
Role: Executive Chairman of the Board of Directors

Exact text from the filing

Effective December 31, 2022, the Company's Chairman, Chief Executive Officer and President, Victor L. Richey, retired as Chief Executive Officer and President. Effective January 1, 2023 Mr. Richey, a current director, assumed the position of Executive Chairman of the Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bryan H. Sayler was appointed as Chief Executive Officer and President at ESCO TECHNOLOGIES INC.

Action: succeeded to
Role: Chief Executive Officer and President

Exact text from the filing

On January 1, 2023, Bryan H. Sayler succeeded to the offices of Chief Executive Officer and President of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Bryan H. Sayler was appointed as Class I director at ESCO TECHNOLOGIES INC.

Action: became
Role: Class I director

Exact text from the filing

Bryan H. Sayler became a Class I director of the Company filling the vacancy thereby created

View on SEC.gov

ESCO TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001104659-23-001859

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