---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-21-001171"
form_type: "8-K"
ticker: "EPAC"
cik: "0000006955"
company_name: "ENERPAC TOOL GROUP CORP"
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:49:19.166484+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Enerpac appoints Paul Sternlieb as CEO; Randy Baker retires effective Oct 8, 2021

## Summary
- Paul Sternlieb appointed President, CEO and Board member effective Oct 8, 2021; succeeds Randy Baker.
- Sternlieb previously EVP at John Bean Technologies (JBT), President of Protein; also held senior roles at ITW, Danaher.
- Sternlieb compensation: $750k base salary, 100% target bonus, $2.1M equity awards, $415k signing bonus, $2.9M time-vesting RSUs.
- Baker to remain as advisor through Dec 31, 2021; receives base salary, full FY2021 bonus, accelerated vesting of equity.
- Sternlieb eligible for change-in-control agreement (2.99x multiple) and enhanced severance plan benefits.

## SEC filing metadata
- accession: 0001157523-21-001171
- form_type: 8-K
- ticker: EPAC
- cik: 0000006955
- company_name: ENERPAC TOOL GROUP CORP
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6955/000115752321001171/0001157523-21-001171-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6955/000115752321001171/a52500091.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-21-001171
- JSON: https://secwatch.observer/filing/0001157523-21-001171.json
- Plain text: https://secwatch.observer/filing/0001157523-21-001171.txt

## Key facts
- Executive change
  Paul E. Sternlieb was appointed as President and Chief Executive Officer at ENERPAC TOOL GROUP CORP.
  - Action: appointed
  - Role: President and Chief Executive Officer
  source text: On September 23, 2021, the Board appointed Paul E. Sternlieb as the Company’s President and Chief Executive Officer and elected him as a director to fill the vacancy arising from Mr. Baker’s retirement, each effective as of Mr. Baker’s retirement as of October 8, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/6955/000115752321001171/0001157523-21-001171-index.htm
- Executive change
  Randal W. Baker retired as President and Chief Executive Officer at ENERPAC TOOL GROUP CORP.
  - Action: retired
  - Role: President and Chief Executive Officer
  source text: On September 23, 2021, Randal W. Baker, President and Chief Executive Officer of Enerpac Tool Group Corp. (the “Company”), notified the Company of his determination to retire from such positions and from the Board of Directors (“Board”) of the Company effective on October 8, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/6955/000115752321001171/0001157523-21-001171-index.htm

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