secwatch.observer — SEC 8-K summary
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Issuer:     DONALDSON Co INC (DCI)
CIK:        0000029644
Form:       8-K
Filed at:   2026-01-29T23:59:59+00:00
Accession:  0001193125-26-029665
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Donaldson appoints COO Richard Lewis as President & CEO; Tod Carpenter becomes Executive Chairman
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- Richard Lewis, current COO, becomes President & CEO effective March 2, 2026; also joins Board.
- Tod Carpenter retires as CEO on March 1 after 11 years; stays as Executive Chairman through transition.
- Lewis’s annual base salary increased to $1.088M, cash incentive target at 110%, plus $942.5K in incremental equity.
- Carpenter’s base salary reduced to $880K as Executive Chairman; incentive target remains 120% of new salary.
- Lewis has been with Donaldson since 2002, held roles including President of Mobile Solutions and Life Sciences.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/29644/000119312526029665/0001193125-26-029665-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/29644/000119312526029665/d18391d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-029665

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