Emerson's Automation Solutions President Mark Bulanda to retire effective Dec 31, 2022

EMERSON ELECTRIC CO

Mark Bulanda, Executive President Automation Solutions, retires Dec 31, 2022 after 37+ years.
Salary continuation at current base for up to 9 months or until new employment; no FY2023 bonus.
Stock options exercisable through Oct 1, 2023; 2013 restricted stock vests Oct 2023, Feb 2021 award canceled.
Three-year non-compete, non-solicitation, non-disclosure obligations with liquidated damages provision.
Releases all claims against Emerson and remains subject to clawback policy.

item 5.02 item 9.01

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Departed

Mark J. Bulanda

Executive President Automation Solutions

EMR · EMERSON ELECTRIC CO

Effective: 2022-12-31
Filed: November 28, 2022, 6:59 PM ET

On November 22, 2022, Mark J. Bulanda indicated that he will retire from his current position as Executive President Automation Solutions of Emerson Electric Co. (the “Company”) effective as of December 31, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 1.0

Mark J. Bulanda departed as Executive President Automation Solutions at EMERSON ELECTRIC CO.

Action: retire
Role: Executive President Automation Solutions

Exact text from the filing

On November 22, 2022, Mark J. Bulanda indicated that he will retire from his current position as Executive President Automation Solutions of Emerson Electric Co. (the “Company”) effective as of December 31, 2022.

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EMERSON ELECTRIC CO filing history →

Source: SEC EDGAR

accession 0001193125-22-293383

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