Lennox appoints Alok Maskara as CEO; Todd Teske named Chairman and Interim CEO

LENNOX INTERNATIONAL INC

Alok Maskara, former CEO of Luxfer, appointed President and CEO effective May 9, 2022.
Todd J. Teske elected Chairman of the Board and Interim CEO from March 23 until Maskara starts.
Outgoing Chairman and CEO Todd Bluedorn resigned effective March 23, 2022, as previously planned.
Maskara receives $1.034M base salary, 120% target STI, $1M sign-on cash, $3M in long-term equity awards.
Company reiterates its previously announced 2022 financial guidance.

item 5.02 item 7.01 item 9.01

Executive movements

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

Departed

Todd M. Bluedorn

Chairman of the Board and Chief Executive Officer

LII · LENNOX INTERNATIONAL INC

Effective: 2022-03-23
Successor: Alok Maskara
Filed: March 23, 2022, 7:59 PM ET

Mr. Bluedorn tendered his resignation on March 17, 2022, effective on March 23, 2022.

Appointed (interim)

Todd J. Teske

Chairman of the Board and Interim President and Chief Executive Officer

LII · LENNOX INTERNATIONAL INC

Effective: 2022-03-23
Filed: March 23, 2022, 7:59 PM ET

The Board elected Todd J. Teske as Chairman of the Board and Interim President and Chief Executive Officer (“Interim CEO”) of the Company, effective March 23, 2022.

Appointed

Alok Maskara

President and Chief Executive Officer

LII · LENNOX INTERNATIONAL INC

Effective: 2022-05-09
Filed: March 23, 2022, 7:59 PM ET

On March 22, 2022, the Board of Directors (the “Board”) of Lennox International Inc. (the “Company”) appointed Alok Maskara as President and Chief Executive Officer (“CEO”), effective on May 9, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd M. Bluedorn resigned as Chairman of the Board and Chief Executive Officer at LENNOX INTERNATIONAL INC.

Action: resigned
Role: Chairman of the Board and Chief Executive Officer

Exact text from the filing

Mr. Bluedorn tendered his resignation on March 17, 2022, effective on March 23, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Todd J. Teske was elected as Chairman of the Board and Interim President and Chief Executive Officer at LENNOX INTERNATIONAL INC.

Action: elected
Role: Chairman of the Board and Interim President and Chief Executive Officer

Exact text from the filing

The Board elected Todd J. Teske as Chairman of the Board and Interim President and Chief Executive Officer (“Interim CEO”) of the Company, effective March 23, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Alok Maskara was appointed as President and Chief Executive Officer at LENNOX INTERNATIONAL INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On March 22, 2022, the Board of Directors (the “Board”) of Lennox International Inc. (the “Company”) appointed Alok Maskara as President and Chief Executive Officer (“CEO”), effective on May 9, 2022.

View on SEC.gov

LENNOX INTERNATIONAL INC filing history →

Source: SEC EDGAR

accession 0001193125-22-082198

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