Resideo appoints Thomas Surran President of Products & Solutions; Phillip Theodore shifts to EVP Advisor
RESIDEO TECHNOLOGIES, INC.
Phillip Theodore steps down as President, Products & Solutions, effective Dec. 5, 2023.
Thomas Surran appointed as new President, Products & Solutions, effective Dec. 5, 2023.
Theodore continues as SVP, Executive Advisor with same base salary of $569,250 and 100% target bonus.
Supplemental severance benefits for Theodore if terminated without cause within 12 months: continued vesting of 2021 stock options and extended option expiration to Sept. 27, 2028.
Phillip Theodore, the Company’s President, Products & Solutions, was appointed to a new, non-executive officer position of Senior Vice President, Executive Advisor and is succeeded by Thomas Surran
Thomas Surran, who will serve as President, Products & Solutions.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Phillip Theodore was appointed as Senior Vice President, Executive Advisor at RESIDEO TECHNOLOGIES, INC..
Action
appointed
Role
Senior Vice President, Executive Advisor
Exact text from the filing
Phillip Theodore, the Company’s President, Products & Solutions, was appointed to a new, non-executive officer position of Senior Vice President, Executive Advisor and is succeeded by Thomas Surran
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