---
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"
generated_at: "2026-05-22T00:42:32.842825+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001965040-25-000022
- JSON: https://secwatch.observer/filing/0001965040-25-000022.json
- Plain text: https://secwatch.observer/filing/0001965040-25-000022.txt

## Key facts
- Executive change
  Thomas Pike departed as Director at Fortrea Holdings Inc..
  - Action: resign
  - Role: Director
  source text: Mr. Pike will resign as a member of the Company’s Board of Directors
  evidence_url: https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm
- Executive change
  Peter M. Neupert was appointed as Interim Chief Executive Officer at Fortrea Holdings Inc..
  - Action: appointed
  - Role: Interim Chief Executive Officer
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm
- Executive change
  Thomas Pike departed as Chief Executive Officer at Fortrea Holdings Inc..
  - Action: stepping down
  - Role: Chief Executive Officer
  source text: Thomas Pike is stepping down as the Company’s Chief Executive Officer (“CEO”) on May 13, 2025
  evidence_url: https://www.sec.gov/Archives/edgar/data/1965040/000196504025000022/0001965040-25-000022-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.