The company said Andrew T. Scribner was elected executive vice president and chief financial officer (principal financial officer), effective May 26, 2026. The announcement was made on May 5, 2026.

1. 01

   The company said Andrew T. Scribner was elected executive vice president and chief financial officer (principal financial officer), effective May 26, 2026. The announcement was made on May 5, 2026.

2. 02

   The company said the 47-year-old Scribner served at Kimberly-Clark Corporation as vice president, global controller from June 2025 to May 2026, and will report to Christopher D. Bohn, president and chief executive officer.

3. 03

   The company said it will provide Scribner with a one-time cash sign-on payment of $140,000, an annual base salary of $675,000, and a target annual incentive equal to 80% of base salary. It also said it will grant him a fiscal 2026 long-term equity incentive award worth $2 million, consisting of 40% RSUs and 60% PRSUs.

4. 04

   The company said Scribner will enter into a change in control agreement. Under it, he would receive a lump sum payment equal to 2 times the sum of his base salary and target annual incentive if the company terminates his employment without cause or he resigns for good reason within 24 months after a Change in Control (or in certain cases before one).

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Original filing

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