secwatch.observer — SEC 8-K summary
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Issuer:     BEACON ROOFING SUPPLY INC (—)
CIK:        0001124941
Form:       8-K
Filed at:   2024-04-23T23:59:59+00:00
Accession:  0001124941-24-000035
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Beacon Roofing Supply appoints Prithvi Gandhi as CFO, replacing interim Carmelo Carrubba
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- Mr. Gandhi, 54, previously VP Finance & CFO at TAMKO Building Products, will join May 1 as EVP and become CFO on May 6, 2024.
- Interim CFO Carmelo Carrubba returns to VP of Strategy and Transformation, no longer an executive officer.
- Base salary $560,000; target cash incentive 75% of salary; target LTI $750,000; sign-on cash $500,000 (repayable if leave before Dec 31, 2025).
- Sign-on LTI award of $500,000 (options, PSUs, RSUs) plus additional $115,000 RSU grant; vesting over 1-3 years.
- Background includes Owens Corning (Interim CFO), Fast Radius, Dover, Zebra Technologies, and Morgan Stanley.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1124941/000112494124000035/0001124941-24-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1124941/000112494124000035/becn-20240422.htm
  HTML page:      https://secwatch.observer/filing/0001124941-24-000035

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