secwatch.observer — SEC 8-K summary
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Issuer:     EMERSON ELECTRIC CO (EMR)
CIK:        0000032604
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0001193125-22-293383
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/32604/000119312522293383/0001193125-22-293383-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/32604/000119312522293383/d427018d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-293383

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