Envista appoints Paul Keel as CEO effective May 1, 2024; succeeds Amir Aghdaei

Envista Holdings Corp

Paul Keel, former CEO of Smiths Group plc, named President & CEO and board member effective May 1, 2024.
Base salary of $1.1M, target annual cash bonus of 150% of salary (max 300%), and initial equity awards valued at $6.5M for FY2024 plus $11M replacement equity.
Relocation reimbursement up to $650k (with gross-up), subject to clawback if employment terminated within 12 months for cause.
Outgoing CEO Amir Aghdaei to resign from board on same date and will serve as senior advisor during transition.
Employment agreement includes non-compete, non-solicitation, non-disparagement, and perpetual non-disclosure.

item 5.02 item 7.01 item 9.01

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Appointed

Paul Keel

President and Chief Executive Officer

NVST · Envista Holdings Corp

Effective: 2024-05-01
Filed: April 15, 2024, 7:59 PM ET

On April 15, 2024, Envista Holdings Corporation (the “Company”) announced that it has appointed Paul Keel as the President and Chief Executive Officer of the Company, with such appointment to be effective as of May 1, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Paul Keel was appointed as President and Chief Executive Officer at Envista Holdings Corp.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On April 15, 2024, Envista Holdings Corporation (the “Company”) announced that it has appointed Paul Keel as the President and Chief Executive Officer of the Company, with such appointment to be effective as of May 1, 2024

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Source: SEC EDGAR

accession 0001757073-24-000036

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