Fortrea CAO resigns; interim CAO appointed; CFO transition agreement finalized

Fortrea Holdings Inc.

Robert A. Parks resigns as CAO effective Aug 7, 2026; no disagreement with company.
Carrie Russell, VP of Accounting, named interim CAO; receives $20K one-time bonus + $10K/month.
CFO Jill McConnell to remain through Sep 8, 2026 under Transition Agreement; severance $1,017,500.
McConnell will provide consulting through Mar 8, 2027; RSUs continue vesting.

item 5.02

Executive movements

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Departed

Robert A. Parks

Chief Accounting Officer

FTRE · Fortrea Holdings Inc.

Effective: 2026-08-07
Successor: Carrie Russell
Filed: July 14, 2026, 4:05 PM ET

On July 8, 2026, Robert A. Parks informed Fortrea Holdings Inc. (the “Company”) of his intention to resign from his position as Chief Accounting Officer and principal accounting officer to pursue an opportunity outside the contract research organization industry.

Appointed (interim)

Carrie Russell

interim Chief Accounting Officer

FTRE · Fortrea Holdings Inc.

Effective: 2026-08-07
Filed: July 14, 2026, 4:05 PM ET

On the Effective Date, Carrie Russell, the Company’s Vice President of Accounting, will be designated as and assume the responsibilities of interim principal accounting officer and interim Chief Accounting Officer in addition to her role as Vice President of Accounting, until a successor principal accounting officer and Chief Accounting Officer is appointed.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert A. Parks resigned as Chief Accounting Officer at Fortrea Holdings Inc..

Action: resigned
Role: Chief Accounting Officer

Exact text from the filing

On July 8, 2026, Robert A. Parks informed Fortrea Holdings Inc. (the “Company”) of his intention to resign from his position as Chief Accounting Officer and principal accounting officer to pursue an opportunity outside the contract research organization industry.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Carrie Russell was appointed as interim Chief Accounting Officer at Fortrea Holdings Inc..

Action: appointed
Role: interim Chief Accounting Officer

Exact text from the filing

On the Effective Date, Carrie Russell, the Company’s Vice President of Accounting, will be designated as and assume the responsibilities of interim principal accounting officer and interim Chief Accounting Officer in addition to her role as Vice President of Accounting, until a successor principal accounting officer and Chief Accounting Officer is appointed.

View on SEC.gov

Fortrea Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001628280-26-048152

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