ESAB appoints Mitchell Rales as Executive Chair; grants performance options to Rales, CEO, and senior team

ESAB Corp

Mitchell P. Rales appointed Executive Chair effective June 10, 2026; Rhonda Jordan named Lead Independent Director.
Rales receives performance option for 1,200,000 shares at $82.92, vesting on stock price hurdles of $140, $170, $200 over a 4-year performance period.
CEO Shyam Kambeyanda receives 580,552 share performance option with same terms; other senior executives also receive awards.
Options have 7-year term; vesting requires service through 4th, 5th, and 6th anniversaries, with each hurdle triggering one-third of shares.
Awards aim to retain leadership team and incentivize long-term stockholder value creation following the Eddyfi acquisition.

item 5.02 item 9.01

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Appointed

Mitchell P. Rales

Executive Chair of the Board of Directors

ESAB · ESAB Corp

Effective: 2026-06-10
Filed: June 12, 2026, 6:36 AM ET

On June 10, 2026, ESAB Corporation (the “Company” or “ESAB”) appointed Mitchell P. Rales as Executive Chair of the Board of Directors (“Executive Chair”), effective as of June 10, 2026

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mitchell P. Rales was appointed as Executive Chair of the Board of Directors at ESAB Corp.

Action: appointed
Role: Executive Chair of the Board of Directors

Exact text from the filing

On June 10, 2026, ESAB Corporation (the “Company” or “ESAB”) appointed Mitchell P. Rales as Executive Chair of the Board of Directors (“Executive Chair”), effective as of June 10, 2026

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ESAB Corp filing history →

Source: SEC EDGAR

accession 0001213900-26-067998

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