Summary
This 8-K filing from Rockwell Automation, Inc. (ROK) announces the planned retirement of director Steven R. Kalmanson. Mr. Kalmanson has informed the Board of Directors of his intention not to stand for re-election at the upcoming Annual Meeting of Shareowners scheduled for February 6, 2024. He will continue to serve in his current capacity until the expiration of his term just before the meeting. In response to Mr. Kalmanson's upcoming departure, the Board has approved a reduction in the size of the Board from eleven to ten directors. This change will become effective immediately prior to the Annual Meeting of Shareowners. This filing is primarily administrative and related to board composition, with no immediate financial or operational impacts disclosed.
Key Highlights
- 1Steven R. Kalmanson, a director, plans to retire and will not seek re-election at the February 6, 2024 Annual Meeting.
- 2Mr. Kalmanson will continue to serve on the Board until the end of his current term.
- 3The Board of Directors has decided to reduce its size from eleven to ten members.
- 4This reduction in board size will take effect immediately before the Annual Meeting.
- 5The company's Restated Certificate of Incorporation and By-laws allow for this board size adjustment.