8-K
filed February 15, 2022, 6:59 PM ET
ticker ALLE
CIK 0001579241
leadership
confidence high
sentiment neutral
materiality 0.50
Allegion CFO Patrick Shannon to retire; Michael Wagnes appointed CFO effective March 1, 2022
Allegion plc
- Patrick Shannon to retire as CFO effective March 1, 2022; will stay as advisor through September 2, 2022.
- Michael Wagnes named SVP & CFO; base salary $500k, annual cash target 75% of salary, LTI valued at $1M.
- David Ilardi appointed SVP Allegion Americas, succeeding Luis Orbegoso who left the company.
- Nickolas Musial named VP, Controller & CAO, succeeding retiring Douglas Ranck; base salary $290k, target bonus 50%.
- All appointments are effective March 1, 2022, with internal successors from Allegion's leadership team.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Douglas P. Ranck departed as Vice President, Controller and Chief Accounting Officer at Allegion plc.
- Action
- retiring
- Role
- Vice President, Controller and Chief Accounting Officer
Exact text from the filing
succeeding Douglas P. Ranck, who is retiring from the Company.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Nickolas A. Musial was appointed as Vice President, Controller and Chief Accounting Officer at Allegion plc.
- Action
- appointed
- Role
- Vice President, Controller and Chief Accounting Officer
Exact text from the filing
Nickolas A. Musial, Vice President of Finance, Allegion Americas, has been appointed to the position of Vice President, Controller and Chief Accounting Officer, effective March 1, 2022
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Michael J. Wagnes was appointed as Senior Vice President and Chief Financial Officer at Allegion plc.
- Action
- appointed
- Role
- Senior Vice President and Chief Financial Officer
Exact text from the filing
Michael J. Wagnes, Vice President and General Manager, Commercial Americas, has been appointed to the position of Senior Vice President and Chief Financial Officer, effective March 1, 2022
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Patrick S. Shannon departed as Senior Vice President and Chief Financial Officer at Allegion plc.
- Action
- retire
- Role
- Senior Vice President and Chief Financial Officer
Exact text from the filing
Patrick S. Shannon, Senior Vice President and Chief Financial Officer, has announced he will retire from his position as the Company’s Chief Financial Officer effective March 1, 2022
View on SEC.gov
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