secwatch.observer — SEC 8-K summary
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Issuer:     Allegion plc (ALLE)
CIK:        0001579241
Form:       8-K
Filed at:   2022-02-15T23:59:59+00:00
Accession:  0001579241-22-000013
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allegion CFO Patrick Shannon to retire; Michael Wagnes appointed CFO effective March 1, 2022
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579241/000157924122000013/0001579241-22-000013-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579241/000157924122000013/alle-20220214.htm
  HTML page:      https://secwatch.observer/filing/0001579241-22-000013

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