Fortrea CEO Thomas Pike steps down; Peter Neupert appointed interim CEO

Fortrea Holdings Inc.

CEO Thomas Pike steps down on May 13, 2025; will serve as special consultant through at least Sept 30, 2025.
Lead Independent Director Peter M. Neupert appointed Interim CEO and Board Chair, effective May 13, 2025.
Board changes: Neupert resigns as Lead Independent Director and from Audit and Nominating committees; Amrit Ray becomes Lead Independent Director.
Executive search for a permanent CEO is at an advanced stage; Pike's departure not due to any disagreement.
Pike receives severance per his employment agreement; consulting agreement allows RSU vesting to continue.

item 5.02 item 7.01 item 8.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Thomas Pike

Director

FTRE · Fortrea Holdings Inc.

Effective: 2025-05-13
Filed: May 12, 2025, 7:59 PM ET

Mr. Pike will resign as a member of the Company’s Board of Directors

Appointed (interim)

Peter M. Neupert

Interim Chief Executive Officer

FTRE · Fortrea Holdings Inc.

Effective: 2025-05-13
Filed: May 12, 2025, 7:59 PM ET

the Board has appointed Peter M. Neupert, 69, a director on the Board, to succeed Mr. Pike as Interim Chief Executive Officer (“Interim CEO”).

Departed

Thomas Pike

Chief Executive Officer

FTRE · Fortrea Holdings Inc.

Effective: 2025-05-13
Successor: Peter M. Neupert
Filed: May 12, 2025, 7:59 PM ET

Thomas Pike is stepping down as the Company’s Chief Executive Officer (“CEO”) on May 13, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Thomas Pike departed as Director at Fortrea Holdings Inc..

Action: resign
Role: Director

Exact text from the filing

Mr. Pike will resign as a member of the Company’s Board of Directors

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Peter M. Neupert was appointed as Interim Chief Executive Officer at Fortrea Holdings Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

the Board has appointed Peter M. Neupert, 69, a director on the Board, to succeed Mr. Pike as Interim Chief Executive Officer (“Interim CEO”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Thomas Pike departed as Chief Executive Officer at Fortrea Holdings Inc..

Action: stepping down
Role: Chief Executive Officer

Exact text from the filing

Thomas Pike is stepping down as the Company’s Chief Executive Officer (“CEO”) on May 13, 2025

View on SEC.gov

Fortrea Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001965040-25-000022

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.