---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-018804"
form_type: "8-K/A"
ticker: null
cik: "0000917491"
company_name: "FARO TECHNOLOGIES INC"
filed_at: "2023-05-18T23:59:59+00:00"
generated_at: "2026-06-14T21:59:43.864122+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# FARO CEO Michael Burger to retire July 1; transition agreement provides advisory role through June 2024

## Summary
- Burger will remain CEO through June 30, 2023, then serve as Strategic Advisor until June 30, 2024.
- Burger resigned from the Board effective May 12, 2023; no disagreement cited.
- During transition, Burger continues base salary; eligible for 2023 and prorated 2024 STIP bonuses subject to release.
- Outstanding equity awards continue vesting during transition; acceleration triggers include termination without cause or change in control.
- If terminated without cause before June 30, 2024, Burger receives lump-sum salary through that date, COBRA, and accelerated vesting.

## SEC filing metadata
- accession: 0001628280-23-018804
- form_type: 8-K/A
- cik: 0000917491
- company_name: FARO TECHNOLOGIES INC
- filed_at: 2023-05-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/faro-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-018804
- JSON: https://secwatch.observer/filing/0001628280-23-018804.json
- Plain text: https://secwatch.observer/filing/0001628280-23-018804.txt

## Key facts
- Executive change
  Michael Burger changed role as President and Chief Executive Officer at FARO TECHNOLOGIES INC.
  - Action: retire
  - Role: President and Chief Executive Officer
  source text: On May 3, 2023, the Company announced that its President and Chief Executive Officer, Michael Burger, had informed the Company that he intended to retire as President and Chief Executive Officer of the Company, with the retirement to be effective July 1, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm
- Executive change
  Michael Burger resigned as Director at FARO TECHNOLOGIES INC.
  - Action: resigned
  - Role: Director
  source text: On and effective as of the Effective Date, Mr. Burger resigned as a member of the board of directors of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/917491/000162828023018804/0001628280-23-018804-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.