Vikram Kini
In connection with the above departures, the Board intends to nominate Vikram Kini to stand for election to the Board at the Annual Meeting (the " Director Nomination ").
Highest-materiality recent filing
CEO Jennifer Scanlon granted special one-time PSU award worth up to $20M
Grant of 200,120 PSUs with target value of $20M, determined by closing price on June 1, 2026.
All 12 director nominees elected; Jennifer F. Scanlon received 1,310,101,683 votes for, 260,141 withheld.
UL Solutions Q1 revenue +7.5% to $758M, EPS $0.45, raises FY EBITDA margin outlook
Revenue $758M (+7.5% YoY); organic growth 5.7% led by Industrial segment.
UL Solutions to acquire Eurofins E&E business for €575M (~$670M)
Enterprise value of ~€575M (~$670M) for Eurofins' electrical & electronics business; 2026E revenue ~$200M.
Q4 revenue $789M (+6.8% YoY), organic growth 5.7%; FY revenue $3,053M (+6.4%), first time above $3B.
Selling stockholder sells 12.5M UL Solutions shares at $78.00; offering closed Dec 5
Selling stockholder sold 12,500,000 shares of Class A common stock at $78.00 per share.
Revenue $783M (+7.1% YoY), organic growth 6.3%; net income $106M (+12.8%), diluted EPS $0.49 (+11.4%).
UL Solutions enters $1.0B credit facility, refinances $291M of existing debt
New $1.00B senior unsecured multi-currency revolver with $25M LC sublimit and $500M accordion feature.
UL Solutions names Alex Dadakis President of TIC; Weifang Zhou transitions to Special Advisor
Weifang Zhou steps down as EVP/President TIC effective Sept 1, 2025; becomes Special Advisor to CEO until retirement June 30, 2027.
UL Solutions Q2: revenue $776M (+6.3%), adj. EPS $0.52 (+18.2%), adj. EBITDA margin 25.4%
Revenue $776M, up 6.3% YoY; organic growth 5.5% across all segments.
UL Solutions holds 2025 annual meeting, elects all 12 director nominees and ratifies auditor
All 12 director nominees elected with majorities over 98.5% votes for.
UL Solutions Q1 2025: Revenue $705M (+5.2%), Adj. EBITDA +22.9%, EPS $0.33
Revenue $705M, up 5.2% YoY; organic growth 7.6% led by Industrial and Consumer segments.
Q4 revenue $739M (+8.0% YoY), organic growth 9.5%; net income $85M (+37.1%), diluted EPS $0.40 (+37.9%).
UL Solutions board changes: two directors leaving, Vikram Kini nominated; board size to 12
Lisa Lambert will not stand for re-election; Frank Coyne not nominated per retirement policy; both depart at 2025 annual meeting.
UL Solutions appoints Alex Dadakis as EVP, Chief Business Operations and Innovation Officer
Alex Dadakis appointed EVP, Chief Business Operations and Innovation Officer, effective Jan 27, 2025; reports to CEO Jennifer Scanlon.
UL Solutions Q3 revenue $731M (+8.1%); adj. EBITDA margin 25.0%, raises FY outlook
Revenue $731M (+8.1% YoY); organic growth 9.3% led by Industrial (+11.7%) and Consumer segments.
UL Solutions EVP & Chief Legal Officer Jacqueline McLaughlin resigns effective Sept 3, 2024
Jacqueline K. McLaughlin notified UL Solutions of her resignation as EVP and Chief Legal Officer on Aug 17, 2024.
UL Solutions Q2 2024 revenue $730M (+6%), organic growth 8.4%; net income $106M
Revenue $730M, up 6.0% YoY; organic growth 8.4% led by Industrial segment.
UL Solutions Q1 revenue $670M (+6.5% YoY); Adj. EBITDA margin 19.6% (+200 bps)
Organic revenue growth of 7.5% across all segments; Industrial led with 10.0% organic growth.
UL Solutions completes IPO of 38.87M shares at $28.00; all sold by selling stockholder
Offering closed April 16, 2024; 38,870,000 shares of Class A common stock at $28.00 per share.
In connection with the above departures, the Board intends to nominate Vikram Kini to stand for election to the Board at the Annual Meeting (the " Director Nomination ").
On February 11, 2025, Lisa M. Lambert notified the Board of Directors (the " Board ") of UL Solutions Inc. (the " Company ") that she will not stand for election to the Board at the Company’s 2025 annual meeting of stockholders (the " Annual Meeting ").
On February 11, 2025, the Board determined that Frank Coyne will not be nominated for election as a member of the Board at the Annual Meeting, in accordance with the director retirement policy contained in the Company’s Corporate Governance Guidelines.
On August 17, 2024, Jacqueline K. McLaughlin, Executive Vice President and Chief Legal Officer of UL Solutions Inc. (the “Company”), notified the Company of her decision to resign from her role with the Company for personal reasons effective as of September 3, 2024.
Max materiality 0.85 · Median 0.72 · Most common event earnings