Carrier's President of Fire & Security to step down effective July 1, 2024

CARRIER GLOBAL Corp

Jurgen Timperman, President, Fire & Security, will leave Carrier on July 1, 2024.
Departure follows June 3 close of Security Access Solutions sale to Honeywell.
Also tied to expected Q3 2024 close of Industrial Fire Business sale to Sentinel Capital.
Timperman receives accelerated equity vesting, prorated 2024 bonus, retention bonuses, and 12-month benefits.
He agrees to release, two-year non-compete/non-solicitation, and perpetual confidentiality.

item 5.02

Executive movements

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Departed

Jurgen Timperman

President, Fire & Security

CARR · CARRIER GLOBAL Corp

Effective: 2024-07-01
Filed: June 21, 2024, 7:59 PM ET

On June 18, 2024, Carrier Global Corporation (the "Company") announced that Jurgen Timperman, President, Fire & Security of the Company, would be stepping down, effective as of July 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jurgen Timperman departed as President, Fire & Security at CARRIER GLOBAL Corp.

Action: stepping down
Role: President, Fire & Security

Exact text from the filing

On June 18, 2024, Carrier Global Corporation (the "Company") announced that Jurgen Timperman, President, Fire & Security of the Company, would be stepping down, effective as of July 1, 2024

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CARRIER GLOBAL Corp filing history →

Source: SEC EDGAR

accession 0001783180-24-000069

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