Allison K. Aden
elected Allison K. Aden as a director, effective November 5, 2024
Highest-materiality recent filing
Enpro Q2 adjusted EPS $2.50 beats $2.03; raises FY guidance to $9.30-9.80
Sales $338.8M (+17.6% YoY); GAAP EPS $1.27 vs $1.25; adjusted EPS $2.50 vs $2.03.
Enpro Q1 sales up 11% to $303M, adj EPS $2.14, raises FY guidance above estimates
Sales $303.0M (+10.9% YoY); net income $27.4M (+11.8%); GAAP diluted EPS $1.29.
All 8 director nominees elected with votes for ranging from 19.3M to 19.7M; broker non-votes 357,028.
Enpro SVP & CIO Larisa Joiner to step down April 23, 2026; search begins
Larisa R. Joiner, SVP & CIO, to step down effective April 23, 2026 by mutual agreement.
Q4 sales $295.4M, +14.3% reported, +9.9% organic; GAAP net loss $32.0M due to $67.2M pension settlement charge.
Director Ronald C. Keating will not stand for reelection at Enpro's 2026 annual meeting
Keating informed Enpro on Jan 6, 2026 of his decision not to stand for reelection.
Enpro Q3 sales up 9.9% to $286.6M, adj EPS $1.99; closes Overlook, to buy AlpHa
Q3 net income $21.6M ($1.01 GAAP EPS) vs $19.8M ($0.94); adjusted EPS $1.99 vs $1.74.
Enpro raises FY25 guidance after Q2 sales up 6% to $288M
Q2 sales $288.1M (+6.0% YoY); GAAP EPS $1.25 vs $1.27 prior year.
Enpro completes $450M 6.125% senior notes offering; redeems $350M 5.75% notes due 2026
Issued $450M aggregate principal of 6.125% Senior Notes due June 1, 2033.
Enpro prices $450M 6.125% Senior Notes due 2033; proceeds to refinance 2026 notes and revolver
Offering of $450M aggregate principal of 6.125% Senior Notes due 2033 priced at par (100%).
Enpro intends to offer $450M senior notes due 2033, redeem $350M 5.75% notes due 2026
$450M senior notes offering due 2033 via Rule 144A/Reg S, conditional on market conditions.
Enpro Q1 sales up 6.1%, adjusted EPS +21% to $1.90; maintains FY guidance
Sales $273.2M, up 6.1% YoY (organic +6.0%); GAAP net income $24.5M ($1.15 EPS) vs $12.5M ($0.59).
Enpro shareholders approve amended equity plan, reelect all director nominees
Equity Plan approved with 19,409,912 for, 426,245 against, 12,316 abstentions.
Enpro enters $800M amended credit facility maturing 2030
New $800M senior secured revolving credit facility, matures April 9, 2030.
Enpro Q4 adjusted EPS $1.57 (+31.9%); guides FY25 adj. EPS $7.00-$7.70
Q4 sales $258.4M (+3.7% YoY); GAAP net income $13.9M vs loss of $4.9M a year ago.
Enpro appoints Allison Aden to Board; she is CFO of Cavco Industries
Aden, EVP/CFO of Cavco Industries (CVCO), elected director effective Nov 5, 2024.
Enpro Q3 adjusted EPS $1.74 vs $1.58; cuts FY24 adj. EBITDA guidance to $250-255M
Q3 sales $260.9M (+4.1%), GAAP EPS $0.94 vs $0.39, adjusted EPS $1.74 vs $1.58.
Enpro Q2 adjusted EPS up 13.7% to $2.08; narrows FY adjusted EBITDA guidance to $260-$270M
Sales $271.9M, down 1.8% YoY (organic -5.0%); GAAP net income $26.7M vs loss of $18.6M.
Enpro Q1 2024 EPS $0.59 vs $1.24 on 8.9% sales drop; Sealing EBITDA up 6.6%
Sales $257.5M, down 8.9% YoY; GAAP EPS from cont. ops $0.59 vs $1.24 (down 52.4%).
Enpro shareholders elect all director nominees, approve say-on-pay, ratify PwC at 2024 meeting
All 9 director nominees elected; Eric Vaillancourt received highest support (19,589,528 for, 154,593 withheld).
Enpro amends CFO Childress's change-in-control agreement, removes tax gross-up, adds scale-back
Amendment effective February 27, 2024 between Enpro and EVP/CFO J. Milton Childress II.
Enpro Q4 sales down 8.4%, adjusted EPS $1.19; guides 2024 adj. EBITDA $260-280M
Q4 sales $249.1M (-8.4% YoY); GAAP loss from cont. ops improved to $4.9M from $57.5M.
Enpro appoints Joseph F. Bruderek Jr. as CFO effective April 1, 2024
CFO Milt Childress to retire after 19 years; will remain until May 31, 2024 for transition.
Enpro to acquire AMI for $210M cash; accretive to Sealing Technologies growth and adjusted EPS
Purchase price of $210M cash represents ~13x AMI's normalized 2023 EBITDA.
EnPro Industries changes name to Enpro Inc. effective December 1, 2023
Name change from EnPro Industries, Inc. to Enpro Inc. via amendment to articles of incorporation.
EnPro Q3 2023: sales down 10.5% to $250.7M, GAAP EPS $0.39 vs $1.26; guidance cut to low end
GAAP net income from continuing ops $8.3M ($0.39 diluted EPS) vs $26.2M ($1.26) a year ago; adjusted EPS $1.58 vs $1.89.
EnPro Q2 GAAP loss $0.89/share on $60.8M goodwill impairment; adj. EPS $1.83 down 10.7%
Sales $276.9M flat YoY; Sealing Technologies +13.3%, Advanced Surface Technologies –17.4%.
Enpro CFO J. Milton Childress II plans to retire in H1 2024; search for successor underway
CFO J. Milton Childress II informed company of plan to retire first half of 2024; will remain until successor named and onboarded.
All 10 director nominees elected; Eric Vaillancourt received highest 'For' votes (19,091,435).
EnPro Q1 sales $282.6M (+4.6%), adj. EBITDA $68.6M (+16.3%), EPS $1.24 vs $0.57
Sealing Technologies segment sales up 12.8% to $173.3M; adjusted EBITDA up 44.9% to $49.7M; margin 28.7% vs 22.3%
EnPro refines non-GAAP adjusted EPS calculation; Q4 2022 adjusted EPS revised to $1.30 from $1.47
Q4 2022 adjusted diluted EPS revised to $1.30 from $1.47; full-year 2022 revised to $6.79 from $7.04.
Q4 sales $271.9M (+27.8% YoY); organic sales +14.8%; full-year sales $1.10B (+30.8%).
Enpro elects Ron Keating (Evoqua CEO) to board; Bernard Burns retires
Bernard Burns retires from Enpro board effective after 10-K filing due to age limit.
EnPro Q3: sales $280.1M (+33.6%), adj. EPS $1.91, raises FY22 guidance
Sales from continuing ops $280.1M, up 33.6% YoY; organic sales +16.2%.
EnPro amends bylaws to update director nomination procedures under universal proxy rules
Board approved amended bylaws effective Oct 26, 2022, aligning with SEC Rule 14a-19.
EnPro agrees to sell GGB to Timken for $305M; exits Engineered Materials segment
Agreed to sell GGB to Timken for $305M cash, expected close by year-end subject to regulatory approvals and works council processes.
EnPro Q2 sales +11.6%, adj EPS +48.7%; raises FY EBITDA guidance to $270-$280M
Sales $333.3M (+11.6%), organic +9.5%; adj EBITDA $82M (+43.4%), margin 24.6%.
Enpro Q1 sales $328.7M (+17.7%), adj. EBITDA $67.9M (+30.6%); maintains FY adj. EBITDA guidance
GAAP net income $16.2M, diluted EPS $0.77, down 10% and 11.5% YoY respectively.
All 10 director nominees elected; Eric Vaillancourt received 19,056,932 votes for.
NxEdge generated $134.4M net sales, $40.5M operating income, $37.4M net income for 9 months ended Sep 30, 2021.
EnPro CHRO Sweeney terminated in restructuring; severance includes $233K lump sum
Susan E. Sweeney terminated as SVP and CHRO on Feb 4, 2022 due to position elimination.
Enpro Q4 adj EPS $1.23; FY adj EBITDA $208.4M; guides FY2022 EBITDA $263M-$275M; dividend +4%
Q4 sales $280.8M (+1.7% YoY); organic sales +10.4%; full-year sales $1.14B (+6.3%).
EnPro terminates CHRO Susan E. Sweeney in HR restructuring
Susan E. Sweeney terminated as SVP and Chief Human Resources Officer on Feb 4, 2022; position eliminated.
EnPro completes $850M acquisition of NxEdge, enters $1.0075B credit agreement
Completed acquisition of NxEdge (semiconductor cleaning/coating) for $850M cash on Dec 17, 2021.
EnPro appoints Eric Vaillancourt as permanent CEO; salary $800k, equity awards disclosed
Eric Vaillancourt appointed President and CEO effective Nov 28, 2021; previously interim since Aug 2021.
Enpro acquires NxEdge for $850M; adds semiconductor cleaning/coating capabilities
Purchase price $850M cash; financed with cash, revolver, and term loan; net leverage ~3.7x post-close.
Enpro Q3 beats with adjusted EPS $1.40; agrees to acquire NxEdge for $850M
Q3 sales $283.1M (+5.5%); adjusted EBITDA $51.5M (+22%); adjusted diluted EPS $1.40 vs $1.01 prior year.
Enpro agrees to sell CPI business to Howden for $195M (10.4x adj. EBITDA)
Purchase price of $195M equates to approximately 10.4x adjusted LTM EBITDA.
EnPro expands board to nine, elects Judith Reinsdorf as director
Board size increased from 8 to 9; Judith A. Reinsdorf elected effective September 1, 2021.
EnPro CEO Marvin Riley resigns; Eric Vaillancourt named interim CEO
Marvin Riley resigned as President, CEO, and board member effective August 2, 2021, by mutual agreement.
elected Allison K. Aden as a director, effective November 5, 2024
On January 5, 2024, the Board of Directors appointed Joseph F. Bruderek Jr. as Chief Financial Officer of the Company effective as of April 1, 2024
consistent with his retirement plans, Mr. Childress will cease to be Chief Financial Officer at that time.
Mr. Bruderek was appointed Executive Vice President, Finance effective on January 8, 2024 when he commenced his employment with the Company.
On April 27, 2023, J. Milton Childress II, Executive Vice President and Chief Financial Officer of EnPro Industries, Inc. (the “Company”), informed the Company that he plans to retire in the first half of 2024, but will remain in his role until a successor is named and onboarded.
B. Bernard Burns, Jr., a member of the Board of Directors of EnPro Industries, Inc. (the "Company"), effected his retirement from the Board of Directors by resigning as a director of the Company effective immediately after the filing with the Securities and Exchange Commission of the Company's Form 10-K for the fiscal year ended December 31, 2022 (the "Effective Time").
the Board of Directors of the Company elected Ronald C. Keating as a director to fill the vacancy to be created by Mr. Burns' retirement at the Effective Time.
On September 5, 2022, the Board of Directors of the Company adopted a resolution expanding the size of the Board of Directors from ten to eleven and elected William Abbey as a director of the Company.
As previously reported, on February 4, 2022, in connection with a management restructuring, Susan E. Sweeney was terminated as the Senior Vice President and Chief Human Resources Officer of EnPro Industries, Inc., (the “Company”) due to the elimination of her position with the Company.
On February 4, 2022, in connection with a management restructuring, Susan E. Sweeney was terminated as the Senior Vice President and Chief Human Resources Officer of EnPro Industries, Inc., (the “Company”) due to the elimination of her position with the Company.
the Board expanded the size of the Board from nine to ten and elected Mr. Vaillancourt as a director to fill the resulting vacancy on the Board.
On November 28 , 2021, the Board appointed Mr. Vaillancourt as the Company’s President and Chief Executive Officer.
Max materiality 0.85 · Median 0.68 · Most common event earnings