leadership
confidence high
sentiment neutral
materiality 0.55
CFO Abhishek Khandelwal resigns; Akhil Mahendra named interim CFO effective May 30, 2025
IDEX CORP /DE/
- CFO Abhishek Khandelwal resigns effective May 30, 2025, to pursue another opportunity; no disagreement with management or auditors.
- Company retains external search firm for permanent CFO; appoints Akhil Mahendra as interim CFO starting May 30.
- Mahendra, 44, is VP Corporate Development at IDEX; previously VP Corp Dev at Rivian and investment banker at Morgan Stanley.
- Mahendra receives restricted stock award with $500,000 fair value, cliff vesting after three years.
item 5.02