Crane NXT, Co. shareholders approved Advisory vote on executive compensation at the 2026-05-21 meeting.
“Proposal 3 The stockholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in the Company’s definitive proxy statement filed with the United States Securities and Exchange Commission on April 7, 2026. For Against Abstain Broker non-votes 50,192,899 858,661 589,019 2,171,684”
Shareholder Votes
Crane NXT, Co. shareholders approved Ratification of Deloitte & Touche LLP as independent auditors for the Company for 2026 at the 2026-05-21 meeting.
“Proposal 2 The stockholders ratified the selection of Deloitte & Touche LLP as independent auditors for the Company for 2026. For Against Abstain Broker non-votes 53,307,949 108,480 395,834 0”
Shareholder Votes
Crane NXT, Co. shareholders approved Election of nine directors to serve until the 2027 Annual Meeting of Stockholders at the 2026-05-21 meeting.
“Proposal 1 The following nine Directors were elected to serve until the 2027 Annual Meeting of Stockholders: Director Nominee For Against Abstain Broker non-votes Jeff Benck 51,338,444 238,870 63,265 2,171,684 Michael Dinkins 50,681,757 894,852 63,970 2,171,684 William Grogan 50,896,270 687,639 56,670 2,171,684 Sandra Joyce 50,895,132 688,970 56,477 2,171,684 Cristen Kogl 50,805,775 771,601 63,203 2,171,684 Ellen McClain 50,404,790 1,138,302 97,487 2,171,684 David D. Petratis 49,903,997 1,640,689 95,893 2,171,684 Aaron W. Saak 50,877,896 706,079 56,604 2,171,684 John S. Stroup 50,834,708 748,128 57,743 2,171,684”
Earnings Releases
Crane NXT, Co. reported full year 2026 results: EPS $4.10 to $4.40. Guidance reaffirmed.
“The Company is increasing its 2026 full year sales guidance to a range of 15% to 17% inclusive of Antares Vision and maintaining full year Adjusted EPS guidance in the range of $4.10 to $4.40.”
Earnings Releases
Crane NXT, Co. reported first quarter 2026 (detailed financial table) results: revenue $387.7, net income $6.4, EPS $0.11.
“to deliver long-term value for shareholders.” 1 Summary of First Quarter 2026 Results Three Months Ended March 31, Change (dollars in millions) 2026 2025 $ % Net sales (GAAP) $ 387.7 $ 330.3 $ 57.4 17.4 % Organic sales $ 18.3 5.6 % Net income (GAAP) $ 6.4 $ 21.7 $ (15.3) (70.5) % Net income margin (GAAP) 1.7 % 6.6 % (490bps) Adjusted EBITDA $ 74.7 $ 61.1 $”
Earnings Releases
Crane NXT, Co. reported first quarter ended March 31, 2026 results: revenue $387.7 million, net income $6.4 million, EPS $0.11.
“Sales of $388 million, up 17% year-over-year; organic sales growth of 6%, in-line with the Company's expectations. • GAAP earnings per diluted share (EPS) of $0.11, and Adjusted EPS of $0.60.”
Jennifer Kartono departed as Senior Vice President and Chief Human Resources Officer at Crane NXT, Co..
“Jennifer Kartono, Senior Vice President and Chief Human Resources Officer of Crane NXT, Co. (the “Company”), will depart from her position with the Company, effective March 1, 2025”
Kurt Gallo retired as Senior Vice President and interim President of CPI at Crane NXT, Co..
“Kurt Gallo, Senior Vice President and interim President of CPI, informed the Company of his decision to retire from the Company. His retirement will be effective February 28, 2025”
Michael Mahan was appointed as President of Crane Payment Innovations (CPI) at Crane NXT, Co..
“it has appointed Michael Mahan as President of its Crane Payment Innovations (CPI) business, effective July 8, 2024.”
Earnings Releases
Crane NXT, Co. reported first quarter ended March 31, 2024 results: revenue $ 313.6, EPS $0.66 per diluted share. Guidance raised.
“our portfolio through disciplined, strategic M&A." 1 Summary of First Quarter 2024 Results Three Months Ended March 31, Change (dollars in millions) 2024 2023 $ % Net sales $ 313.6 $ 329.1 $ (15.5) (4.7) % Core sales $ (13.9) (4.2) % Foreign exchange $ (1.6) (0.5) % Operating profit $ 55.4 $ 65.9 $ (10.5) (15.9) % Adjusted operating profit* $ 71.1 $ 76.8 $”
Max Mitchell departed as director at Crane NXT, Co..
“On March 27, 2024, Max Mitchell, the Company’s former Chief Executive Officer and a current director of the Board, notified the Board that he will not stand for reelection at the Company’s 2024 Annual Meeting of Stockholders”
Sandra Joyce was appointed as director at Crane NXT, Co..
“On April 2, 2024, the Board of Directors (the “Board”) of Crane NXT, Co. (the “Company”) appointed Sandra Joyce to serve as a director of the Board, effective immediately”
Earnings Releases
Crane NXT, Co. reported full year 2024 results: EPS 4.10 to 4.35. Guidance initiated.
“Introducing 2024 guidance with Adjusted EPS of $4.10 to $4.35.”
Earnings Releases
Crane NXT, Co. reported full year ended December 31, 2023 results: EPS 3.28.
“GAAP earnings per diluted share (EPS) was $3.28, and Adjusted EPS was $4.16.”
Crane NXT, Co. reported the third quarter ended September 30, 2023 results: revenue $352.9 million, EPS $0.90. Guidance raised.
“Third quarter 2023 GAAP EPS was $0.90, and Adjusted EPS was $1.09. Third quarter 2023 sales were $352.9 million”
David D. Petratis was appointed as Director at Crane NXT, Co..
“On July 25, 2023, the Board of Directors (the "Board") of Crane NXT, Co. (the "Company") appointed David D. Petratis to serve as a Director, effective immediately, for a term expiring at the Company's 2024 Annual Meeting of Stockholders and until his successor is duly elected and qualified.”
Shareholder Votes
Crane NXT, Co. shareholders approved Advisory vote on the frequency of say-on-pay votes (one year) at the 2023-06-05 meeting.
“Proposal 4 The stockholders approved, on an advisory basis, that the frequency with which we ask stockholders to approve the compensation paid by the Company to certain executive officers be one year. One Year Two Years Three Years Abstain Broker non-votes 47,988,608 65,608 846,426 61,028 3,002,718”
Shareholder Votes
Crane NXT, Co. shareholders approved Advisory approval of the compensation of the named executive officers as disclosed in the proxy statement at the 2023-06-05 meeting.
“Proposal 3 The stockholders approved, on an advisory basis, the compensation of the named executive officers as disclosed in the Company’s definitive proxy statement filed with the United States Securities and Exchange Commission on April 21, 2023. For Against Abstain Broker non-votes 47,127,841 1,722,825 111,004 3,002,718”
Shareholder Votes
Crane NXT, Co. shareholders approved Ratification of the selection of Deloitte & Touche LLP as independent auditors for the Company for 2023 at the 2023-06-05 meeting.
“Proposal 2 The stockholders ratified the selection of Deloitte & Touche LLP as independent auditors for the Company for 2023. For Against Abstain Broker non-votes 51,186,138 693,815 84,435 0”
Shareholder Votes
Crane NXT, Co. shareholders approved Election of eight directors to serve until the 2024 Annual Meeting of Stockholders at the 2023-06-05 meeting.
“Proposal 1 The following eight Directors were elected to serve until the 2024 Annual Meeting of Stockholders: Director Nominee For Against Abstain Broker non-votes Michael Dinkins 47,878,639 1,033,940 49,091 3,002,718 William Grogan 48,674,867 232,424 54,379 3,002,718 Cristen Kogl 48,523,961 389,917 47,792 3,002,718 Ellen McClain 47,782,901 1,132,805 45,958 3,002,718 Max H. Mitchell 48,520,090 393,141 48,439 3,002,718 Aaron W. Saak 48,584,754 331,128 45,788 3,002,718 John S. Stroup 48,540,460 362,981 58,229 3,002,718 James L. L. Tullis 45,174,054 3,744,724 42,892 3,002,718”
Earnings Releases
Crane NXT, Co. reported the first quarter of 2023 results: revenue $ 329.1, net income $ 43.7, EPS $0.76. Guidance raised.
“BUSINESS OF CRANE HOLDINGS, CO.) CONDENSED COMBINED STATEMENTS OF OPERATIONS (UNAUDITED) Three Months Ended March 31, (in millions, except per share data) 2023 2022 Net sales $ 329.1 $ 332.6 Operating costs and expenses: Cost of sales 174.4 179.1 Selling, general and administrative 88.8 76.6 Operating profit 65.9 76.9 Other (expense) income: Interest income”
Material Agreements
Crane NXT, Co. terminated 4.450% Senior Notes due 2023 with U.S. Bank Trust Company, National Association valued at Principal amount of the 2023 Notes redeemed in full (effective 2023-04-04).
“On April 4, 2023, the 2023 Notes were redeemed in full by the Company using the proceeds of the Dividend, together with cash on hand, at a price equal to 100% of the principal amount of the 2023 Notes, plus accrued and unpaid interest thereon.”
Governance Changes
Crane NXT, Co.: Amended and restated bylaws to update director nomination procedures, adopt an exclusive forum provision, and make other administrative changes (effective 2023-04-03).
“In addition, on April 3, 2023, the by-laws of Crane NXT were amended and restated (the “Amended and Restated By-laws”), effective as of the Spin-Off.”
Governance Changes
Crane NXT, Co.: Changed company name from 'Crane Holdings, Co.' to 'Crane NXT, Co.' via certificate of amendment to the certificate of incorporation (effective 2023-04-03).
“On April 3, 2023, Crane NXT filed a Certificate of Amendment (the “Certificate of Amendment”) to Crane NXT’s Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware, which became effective as of immediately following the consummation of the Spin-Off, pursuant to which Crane NXT changed its name from “Crane Holdings, Co.” to “Crane NXT, Co.” (the “Name Change”).”
M&A Transactions
Crane NXT, Co. completed a disposition involving Crane Company (closed 2023-04-03).
“Effective as of 5:00 p.m. New York City time on April 3, 2023 (the “Distribution Date”), Crane NXT completed the Spin-Off through a pro rata distribution to holders of record of Crane NXT’s common stock, par value $1.00 per share (“Crane NXT Common Stock”), as of 5:00 p.m. New York City time on March 23, 2023 (the “Record Date”), of one share of Crane Company’s common stock, par value $1.00 per share (“Crane Company Common Stock”), for every one share of Crane NXT Common Stock held by such Crane NXT stockholders as of the Record Date (the “Distribution”).”
Debt Financings
Crane NXT, Co. incurred term loan of $350 million.
“On March 31, 2023, Crane NXT drew down the full $350 million available under the Term Loan.”
Material Agreements
Crane NXT, Co. entered into Intellectual Property Matters Agreement with Crane Company valued at governs intellectual property matters in connection with the Spin-Off (effective 2023-04-03).
“These agreements include the Separation and Distribution Agreement (as described below), which contains certain key provisions related to the Spin-Off, as well as a Transition Services Agreement, a Tax Matters Agreement, an Employee Matters Agreement and an Intellectual Property Matters Agreement”
Material Agreements
Crane NXT, Co. entered into Employee Matters Agreement with Crane Company valued at governs rights, responsibilities and obligations after Spin-Off regarding employees and employee ben (effective 2023-04-03).
“On April 3, 2023, Crane NXT and Crane Company entered into an Employee Matters Agreement which, among other things, governs Crane NXT’s, Crane Company’s and their respective subsidiaries’ rights, responsibilities and obligations after the Spin-Off with respect to the following matters: (i) employees and former employees”
Material Agreements
Crane NXT, Co. entered into Tax Matters Agreement with Crane Company valued at governs rights, responsibilities and obligations after Spin-Off regarding tax liabilities and benefi (effective 2023-04-03).
“On April 3, 2023, Crane NXT and Crane Company entered into a Tax Matters Agreement which, among other things, governs Crane NXT’s and Crane Company’s respective rights, responsibilities and obligations after the Spin-Off with respect to tax liabilities and benefits”
Material Agreements
Crane NXT, Co. entered into Transition Services Agreement with Crane Company valued at provides for transition of support services for up to 18 months (effective 2023-04-03).
“On April 3, 2023, Crane NXT and Crane Company entered into a Transition Services Agreement to provide for the transition of Crane Holdings, Co. into two independent, publicly-traded companies (Crane NXT and Crane Company), and to allow each party time to replace certain assets and employees that have been allocated to the other party.”
Material Agreements
Crane NXT, Co. entered into Separation and Distribution Agreement with Crane Company valued at sets forth agreements regarding principal transactions to effect the Spin-Off and ongoing relationsh (effective 2023-04-03).
“On April 3, 2023, Crane NXT, Co., which, prior to the Name Change (as defined below) was known as Crane Holdings, Co. (“Crane NXT”), entered into definitive agreements with Crane Company, a then wholly-owned subsidiary of Crane NXT (“Crane Company”).”
Cristen Kogl was appointed as Director at Crane NXT, Co..
“each of Aaron W. Saak, William Grogan and Cristen Kogl was appointed to serve as an additional director on the Crane NXT Board”
William Grogan was appointed as Director at Crane NXT, Co..
“each of Aaron W. Saak, William Grogan and Cristen Kogl was appointed to serve as an additional director on the Crane NXT Board”
Aaron W. Saak was appointed as Director at Crane NXT, Co..
“each of Aaron W. Saak, William Grogan and Cristen Kogl was appointed to serve as an additional director on the Crane NXT Board”
Jennifer M. Pollino resigned as Director at Crane NXT, Co..
“each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director”
Charles G. McClure, Jr. resigned as Director at Crane NXT, Co..
“each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director”
Ronald C. Lindsay resigned as Director at Crane NXT, Co..
“each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director”
Martin R. Benante resigned as Director at Crane NXT, Co..
“each of Martin R. Benante, Ronald C. Lindsay, Charles G. McClure, Jr. and Jennifer M. Pollino resigned from his or her position as a director”
Debt Financings
Crane NXT, Co. incurred revolving credit of $500 million with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at adjusted term SOFR rate plus a credit spread adjustment of 0.10% plus a margin a maturing March 17, 2028.
“a senior secured revolving facility in an aggregate committed amount of $500 million (the "Revolving Facility"), which matures on March 17, 2028”
Debt Financings
Crane NXT, Co. incurred term loan of $350 million with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent at adjusted term SOFR rate plus a credit spread adjustment of 0.10% plus a margin a maturing March 17, 2026.
“The Credit Agreement provides for a senior secured term loan facility in an aggregate principal amount of $350 million (the "Term Facility"), which matures on March 17, 2026”
Material Agreements
Crane NXT, Co. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent and collateral agent and the other agents and arrangers party thereto (effective 2023-03-17).
“On March 17, 2023, Crane Holdings, Co. (the “Company”) entered into a credit agreement (the “Credit Agreement”), by and among the Company, as borrower, the lenders and issuing banks party thereto and JPMorgan Chase Bank, N.A., as administrative agent and collateral agent and the other agents and arrangers party thereto.”
Christina Cristiano was appointed as Senior Vice President, Chief Financial Officer at Crane NXT, Co..
“On February 27, 2023, Christina Cristiano, 50 years old, was appointed to serve as Senior Vice President, Chief Financial Officer for the Crane NXT organization.”
Earnings Releases
Crane NXT, Co. reported the quarter ended December 31, 2022 results: EPS $1.87 per share. Guidance initiated.
“Fourth quarter GAAP earnings per diluted share (EPS) increased 53% to $1.87 per share”
Aaron Saak was appointed as Chief Executive Officer at Crane NXT, Co..
“On October 5, 2022, Aaron Saak, 49 years old, was appointed to serve as Chief Executive Officer for the Crane NXT organization.”
Anthony M. D'Iorio was appointed as Director at Crane NXT, Co..
“As of immediately following the effective time of the Conversion, Richard A. Maue and Anthony M. D’Iorio were appointed as the directors of Crane Co.”
Richard A. Maue was appointed as Director at Crane NXT, Co..
“As of immediately following the effective time of the Conversion, Richard A. Maue and Anthony M. D’Iorio were appointed as the directors of Crane Co.”
Donald G. Cook retired as Director at Crane NXT, Co..
“Mr. Donald G. Cook retired from the Board of Directors of Crane Co. (the “Company”) on May 16, 2022, in accordance with the Company’s director retirement policy.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.