secwatch.observer — SEC 8-K summary
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Issuer:     MODINE MANUFACTURING CO (MOD)
CIK:        0000067347
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001558370-25-001700
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Modine President of Performance Technologies Departs; CEO Takes Interim Lead
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- Adrian Peace steps down as President, Performance Technologies effective Feb 26, 2025; employment ends Sept 30, 2025.
- CEO Neil Brinker assumes interim leadership of the Performance Technologies segment.
- Company reiterates goal of 15% to 18% adjusted EBITDA margins for the segment over the next two years.
- Modine will initiate a comprehensive search for Peace's successor.
- Separation includes paid leave through Sept 30, severance, continued equity vesting, and MIP payout.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/67347/000155837025001700/0001558370-25-001700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/67347/000155837025001700/tmb-20250226x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-001700

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