secwatch.observer — SEC 8-K summary
======================================

Issuer:     Fortrea Holdings Inc. (FTRE)
CIK:        0001965040
Form:       8-K
Filed at:   2026-06-26T20:42:18+00:00
Accession:  0001628280-26-045801
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fortrea appoints Jason Knoblauch as CFO effective July 6, 2026; Jill McConnell steps down
--------------------------------------------------------------------------------

- Jason Knoblauch appointed CFO effective July 6, 2026, succeeding Jill McConnell who steps down but remains for transition.
- Knoblauch brings over 20 years of life sciences finance experience; previously CFO at Clario and Curia.
- Compensation: $570k salary, 85% target bonus, $1.25M cash inducement, RSUs $2.3M, PSUs $1.7M.
- FY2026 guidance reiterated: revenue $2,550M-$2,650M, adjusted EBITDA $190M-$220M.
- McConnell's departure not due to any disagreement on financial reporting, internal controls, or auditing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1965040/000162828026045801/0001628280-26-045801-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1965040/000162828026045801/ftre-20260626.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-045801

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