leadership
confidence high
sentiment neutral
materiality 0.25
Resideo amends CEO transition agreement to address 2026 incentive compensation
RESIDEO TECHNOLOGIES, INC.
- Amendment to 2024 Agreement with CEO Jay Geldmacher approved Jan 6, 2026.
- If new CEO appointed before Dec 31, 2026, Geldmacher's 2026 incentive prorated and paid at target.
- If transition on or after Dec 31, 2026, full 2026 incentive based on actual performance.
- Geldmacher to serve in advisory capacity for six months after ADI Global Distribution separation.
- No other provisions of the 2024 transition agreement were revised.