leadership
confidence high
sentiment neutral
materiality 0.75
Apogee CEO Ty Silberhorn departs; Don Nolan appointed CEO, FY2026 outlook reaffirmed
APOGEE ENTERPRISES, INC.
- Ty Silberhorn departed as CEO and Board member effective October 31, 2025.
- Donald Nolan, Independent Chair, appointed CEO and Executive Chair effective October 31, 2025.
- Separation includes $932k salary severance, accelerated vesting of 78,376 shares, $466k cash for FY26 incentive, and $742,500 cash for performance award.
- Nolan's offer: $925k base salary, $1.75M restricted stock vesting in one year, $100k travel stipend.
- FY2026 guidance reaffirmed: net sales $1.39B-$1.42B, adjusted diluted EPS $3.60-$3.90.
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