Teledyne Technologies Incorporated filed SEC Form 8-K: Leadership Update, Financial Statements and Exhibits
$TDY
Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR SECTION 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): April 28, 2025
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
(b) - (c) On April 28, 2025, Teledyne Technologies Incorporated ("Teledyne") issued a press release announcing the management changes and executive promotion made by its Board of Directors as described below, each effective as of April 28, 2025. A copy of the press release is attached hereto as Exhibit 99.1.
1.Edwin Roks has retired as Teledyne’s Chief Executive Officer and will continue as a special advisor to the Executive Chairman through August 31, 2025.
2.George C. Bobb III has become Teledyne’s President and Chief Executive Officer. Mr. Bobb, age 50, was Teledyne’s President and Chief Operating Officer since January 1, 2024. Prior to that role, Mr. Bobb was President of Teledyne’s Aerospace and Defense Electronics Segment and had executive leadership responsibility for the Marine Instrumentation group, the Engineered Systems Segment, Teledyne Scientific & Imaging, LLC, and Teledyne’s Information Technology functions. First joining Teledyne in 2008, Mr. Bobb also held other executive and legal positions, including Chief Compliance Officer.
Also, as a result of his promotion, on and effective as of April 28, 2025, Teledyne’s Board of Directors increased Mr. Bobb’s annual base salary from $665,000 to $900,000 and his target opportunity for the 2025 AIP increased from 100% to 120% (on a prorated basis).
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
| Exhibit 99.1 | ||||||||
| Exhibit 104 | Cover Page Interactive Data File (embedded within the Inline XBRL Document) | |||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| TELEDYNE TECHNOLOGIES INCORPORATED | ||||||||||||||
| By: | /s/ Melanie S. Cibik | |||||||||||||
| Melanie S. Cibik | ||||||||||||||
| Executive Vice President, General Counsel, Chief Compliance Officer and Secretary | ||||||||||||||
| Dated: April 28, 2025 | ||||||||||||||