{"schema_version":"secwatch.filing_event.v1","accession":"0001965040-25-000022","form_type":"8-K","ticker":"FTRE","cik":"0001965040","company_name":"Fortrea Holdings Inc.","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.586993+00:00","generated_at":"2026-05-22T00:42:32.842825+00:00","sec_items":["5.02","7.01","8.01","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Fortrea CEO Thomas Pike steps down; Peter Neupert appointed interim CEO","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001965040-25-000022","json":"https://secwatch.observer/filing/0001965040-25-000022.json","markdown":"https://secwatch.observer/filing/0001965040-25-000022.md","text":"https://secwatch.observer/filing/0001965040-25-000022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/ftre-20250509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T00:42:32.842825+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"422b1bb143","claim":"Thomas Pike departed as Director at Fortrea Holdings Inc..","evidence_excerpt":"Mr. Pike will resign as a member of the Company’s Board of Directors","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"resign"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"b6f6a006f3","claim":"Peter M. Neupert was appointed as Interim Chief Executive Officer at Fortrea Holdings Inc..","evidence_excerpt":"the Board has appointed Peter M. Neupert, 69, a director on the Board, to succeed Mr. Pike as Interim Chief Executive Officer (“Interim CEO”).","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Interim Chief Executive Officer"}],"fact_type":"executive_change"},{"claim_id":"d565ae71e4","claim":"Thomas Pike departed as Chief Executive Officer at Fortrea Holdings Inc..","evidence_excerpt":"Thomas Pike is stepping down as the Company’s Chief Executive Officer (“CEO”) on May 13, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"stepping down"},{"label":"Role","value":"Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}