secwatch.observer — SEC 8-K summary
======================================

Issuer:     GE Vernova Inc. (GEV)
CIK:        0001996810
Form:       8-K
Filed at:   2026-08-27T20:20:31+00:00
Accession:  0001996810-26-000153
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

GE Vernova CFO Kenneth Parks to retire Apr 2027; Claire McDonough (ex-Rivian) to succeed
--------------------------------------------------------------------------------

- Claire McDonough becomes CFO effective Jan 1, 2027; joins as strategic advisor Nov 1, 2026.
- McDonough package: $1M base, 100% target AIP, $5.225M LTIP, $14.5M make-whole award (50% RSU/50% PSU).
- McDonough receives $5M cash sign-on; repayable if she resigns within 12 months or for Cause.
- Parks retires Apr 2, 2027; gets salary/benefits through retirement, 2026 bonus, prorated 2027 bonus at target.
- Parks forfeits unvested equity as of Retirement Date; served as CFO since pre-spin-off.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1996810/000199681026000153/0001996810-26-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1996810/000199681026000153/gev-20260825.htm
  HTML page:      https://secwatch.observer/filing/0001996810-26-000153

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer