Jeffrey Braun
Jeffrey Braun, Senior Vice President and General Counsel of Allegion plc (the “Company”), will transition to the role of Senior Vice President and Advisory Counsel, effective as of June 16, 2025.
Highest-materiality recent filing
Allegion shareholders approve all proposals at 2026 AGM; say-on-pay passes with 90.7%
All eight director nominees elected; votes for ranged from ~72.1M (Mizell) to ~73.6M (Stone).
Allegion Q1 2026: Adj EPS $1.80, Rev $1.03B; affirms FY adj EPS $8.70-$8.90; $500M buyback auth.
GAAP EPS $1.59 vs $1.71 YoY; adjusted EPS $1.80 vs $1.86; revenue $1,033.6M (+9.7% reported, +2.6% organic).
Allegion board authorizes $500M share repurchase program replenishment
Board replenished existing share repurchase program with $500M in new authorization as of April 15, 2026.
Q4 revenue $1,033.2M (+9.3% reported, +3.3% organic); operating margin 20.3% vs 19.5%.
Allegion increases revolving credit facility to $1.0B, extends maturity to 2030
Revolving commitments raised from $750M to $1.0B; maturity extended to May 20, 2030.
Allegion Q3 revenue $1.07B +10.7%; adj EPS $2.30 +6.5%; raises FY outlook
Net EPS $2.18 (+9.5% YoY); adjusted EPS $2.30 (+6.5% YoY).
Allegion posts record Q2 revenue $1.02B; EPS $1.85; raises full-year outlook
Revenue of $1,022M, up 5.8% reported and 3.2% organic; first time quarterly revenue exceeds $1B.
Allegion shareholders elect all eight director nominees and approve all proposals at 2025 AGM
All eight director nominees elected with 98-99% support; highest vote for John H. Stone (99.7%).
Allegion General Counsel Jeffrey Braun to retire; transition to advisory role effective June 16
Jeffrey Braun, SVP and General Counsel, transitions to SVP and Advisory Counsel effective June 16, 2025; retirement effective June 30, 2025.
Allegion Q1 adjusted EPS $1.86 (+20% YoY); revenue $941.9M (+5.4%); affirms FY outlook
GAAP EPS $1.71 (+21.3%); adjusted EPS $1.86 (+20.0%); revenue $941.9M (+5.4% reported, +4.0% organic).
Allegion Q4 adjusted EPS $1.86 (+10.7% YoY); FY2024 record; 2025 outlook $7.65-7.85
Q4 revenue $945.6M, up 5.4% reported / 3.5% organic; GAAP EPS $1.65, adjusted $1.86.
Allegion appoints Gregg Sengstack to Board of Directors, expanding board to nine members
Gregg Sengstack, Executive Chairperson of Franklin Electric, appointed to Allegion board effective Dec 4, 2024.
Allegion Q3 adjusted EPS $2.16, up 11.3% YoY; revenue $967.1M, raises FY adjusted EPS guidance
GAAP EPS $1.99 (up 12.4% YoY); adjusted EPS $2.16 (up 11.3% YoY).
Allegion Q2 beats; revenue $965.6M, adj EPS $1.96, raises full-year outlook
GAAP EPS $1.77 (up 9.9% YoY); adjusted EPS $1.96 (up 11.4% YoY).
Allegion shareholders elect all director nominees and approve executive compensation at 2024 AGM
All eight board nominees elected with strong support; John H. Stone received highest votes (77.2M for, 178K against).
Allegion issues $400M 5.600% Senior Notes due 2034 to refinance maturing 3.200% notes
Issued $400M aggregate principal of 5.600% Senior Notes due May 29, 2034.
Allegion upsizes revolving credit facility to $750M, extends maturity to 2029
New $750M unsecured five-year revolving credit facility replaces the prior $500M facility.
Allegion Q1 EPS $1.41, revenue down 3.2%; affirms FY2024 guidance
Net EPS $1.41, adjusted EPS $1.55 (down 1.9% YoY); revenue $893.9M, down 3.2% reported, 3.6% organic.
Allegion Q4 adj EPS $1.68 (-0.6% YoY); revenue $897.4M (+4.2%); 2024 adj EPS guidance $7.00-$7.15
Q4 GAAP EPS $1.34 (-12.4%), adjusted EPS $1.68 (-0.6%); revenue $897.4M (+4.2% reported, +2.6% organic).
Allegion Q3 EPS $1.77, adj. EPS $1.94; raises FY2023 adj. EPS guidance
Net earnings $156.3M ($1.77 EPS) vs $1.30 YoY; adjusted EPS $1.94 vs $1.73, up 12.1%.
Allegion appoints Susan L. Main to Board of Directors effective Sept 9, 2023
Board size increased to ten directors.
Allegion Q2 adjusted EPS $1.76 (+23.1%); raises FY EPS outlook to $6.70-$6.80
Q2 net revenue $912.5M (+18% reported, +5.6% organic); net EPS $1.61, adjusted EPS $1.76.
Allegion shareholders approve 2023 incentive plan; Board authorizes $500M share buyback
Shareholders elected all nine director nominees with strong support.
Allegion Q1 EPS $1.40 ($1.58 adj.) beat; raises FY2023 outlook
Revenue $923M, up 27.6% reported (+15% organic); Americas +42%, International -9.7%.
Allegion appoints Ellen Rubin to board, expanding size to nine directors
Ellen Rubin, founder and CEO of Causley, Inc., appointed to Allegion board effective April 13, 2023.
Allegion Q4 adj EPS $1.60 (+44% YoY); rev $861.5M (+21.5%); 2023 adj EPS guide $6.30-$6.50
Q4 2022 adjusted EPS $1.60 (+44.1% YoY); GAAP EPS $1.53; revenue $861.5M (+21.5% reported, +11.4% organic).
Allegion names Kirk Hachigian Chairman as Petratis retires Dec 31, 2022
David D. Petratis to retire as Executive Chairman effective Dec 31, 2022; not due to any disagreement.
Q3 adjusted EPS $1.64, up 5.1% YoY; reported EPS $1.30 includes $0.10 loss on Milre divestiture.
Q2 GAAP EPS $1.30 (vs $1.31); adjusted EPS $1.37 (+3.8% YoY); revenue $773.1M (+3.5% reported, +6.4% organic).
Allegion completes $900M acquisition of Stanley Black & Decker's Access Technologies business
Purchased for $900M cash; funded via $600M 5.411% Senior Notes due 2032 plus cash on hand and revolver borrowings.
Allegion issues $600M of 5.411% senior notes due 2032 to fund Stanley Access acquisition
$600M aggregate principal of 5.411% Senior Notes due 2032 issued; interest paid semi-annually.
All eight Allegion director nominees elected; say-on-pay and auditor ratified at AGM
Kirk S. Hachigian received the most votes against: 5.46M against vs 63.73M for.
Allegion CEO David Petratis to retire July 11; John Stone from Deere to succeed
David Petratis retires as President and CEO effective July 11, 2022; will serve as Executive Chairman until Jan. 2, 2023.
Allegion Q1 adjusted EPS $1.07 (-10.8% YoY); raises FY22 revenue outlook, reaffirms EPS
Q1 net revenues $723.6M, up 4.2% reported and 6.4% organic.
Allegion to acquire Stanley Access Technologies for $900M; Q1 rev $723M, EPS $1.05
Allegion to buy Stanley Black & Decker's Access Technologies for $900M in cash, net ~$810M after ~$90M tax benefits.
Allegion director Szews to retire; Hachigian named Lead Director
Charles L. Szews will not stand for re-election and will retire from the Board on June 2, 2022.
Allegion CFO Patrick Shannon to retire; Michael Wagnes appointed CFO effective March 1, 2022
Patrick Shannon to retire as CFO effective March 1, 2022; will stay as advisor through September 2, 2022.
Allegion Q4 adj EPS $1.11, down 25.5%; revenue $709M, down 2.5%; guides 2022 adj EPS $5.55-$5.75
Q4 2021 adjusted EPS $1.11, down 25.5% YoY; GAAP EPS $1.26 vs $1.01.
Allegion enters $750M credit facility, refinances existing debt
New $750M unsecured credit facility: $250M term loan and $500M revolver, five-year maturity.
Allegion Q3 misses; revenue down 1.6%, adjusted EPS falls 6.6% to $1.56
Q3 2021 net revenue $717M, down 1.6% YoY; GAAP EPS $1.59 vs $1.58, adjusted EPS $1.56 vs $1.67.
Allegion revises FY2021 outlook lower; revenue growth 4-4.5%, EPS $4.95-$5.05
Full-year 2021 revenue growth revised to 4-4.5% reported, 3-3.5% organic; EPS $4.95-$5.05 (GAAP), adjusted EPS $5.00-$5.10.
Allegion Q2 revenue $746.9M (+26.7% YoY); raises FY2021 EPS guidance to $5.15-$5.30
GAAP EPS $1.31 vs $0.80 YoY; adjusted EPS $1.32 (+43.5%) vs $0.92.
Allegion appoints former Foot Locker CFO Lauren Peters to Board of Directors
Lauren Peters, age 60, former EVP and CFO of Foot Locker, appointed effective July 13, 2021.
Jeffrey Braun, Senior Vice President and General Counsel of Allegion plc (the “Company”), will transition to the role of Senior Vice President and Advisory Counsel, effective as of June 16, 2025.
The Board of Directors of Allegion plc (the “Company”) increased the size of the Company’s board of directors (the “Board”) to ten (10) directors and appointed Susan L. Main to the Board, each effective as of September 9, 2023.
On April 13, 2023, the Board of Directors of Allegion plc (the “Company”) increased the size of the Company’s board of directors (the “Board”) to nine (9) directors and appointed Ellen Rubin to the Board.
David D. Petratis will retire from his role as Executive Chairman of the Board of Directors of the Company (the "Board") effective December 31, 2022.
David D. Petratis, Chairman, President and Chief Executive Officer, will be retiring from his position as President and Chief Executive Officer effective July 11, 2022 (the “Effective Date”). Mr. Petratis will serve as Executive Chairman of the Board of Directors of the Company (the “Board”) as of the Effective Date and until his retirement from the Company which is planned to occur by January 2, 2023
John H. Stone, President, Worldwide Construction, Forestry and Power Systems, Deere & Company (“Deere”), an agricultural machinery and heavy equipment company, will join Allegion on the Effective Date and succeed Mr. Petratis as President and Chief Executive Officer of the Company.
Mr. Szews will be retiring from the Board on June 2, 2022.
succeeding Douglas P. Ranck, who is retiring from the Company.
Nickolas A. Musial, Vice President of Finance, Allegion Americas, has been appointed to the position of Vice President, Controller and Chief Accounting Officer, effective March 1, 2022
Michael J. Wagnes, Vice President and General Manager, Commercial Americas, has been appointed to the position of Senior Vice President and Chief Financial Officer, effective March 1, 2022
Patrick S. Shannon, Senior Vice President and Chief Financial Officer, has announced he will retire from his position as the Company’s Chief Financial Officer effective March 1, 2022
On July 13, 2021, the Board of Directors of Allegion plc (the “Company”) appointed Lauren Peters to the Board of Directors.
Max materiality 0.90 · Median 0.70 · Most common event earnings