The company said its board elected T. Brent Norwood, 44, as Senior Vice President and Chief Financial Officer on April 28, 2026, effective May 1, 2026.

1. 01

   The company said its board elected T. Brent Norwood, 44, as Senior Vice President and Chief Financial Officer on April 28, 2026, effective May 1, 2026.

2. 02

   Norwood replaces Ryan D. Campbell, who was acting Chief Financial Officer, the company said. Campbell will continue as President, Worldwide Construction & Forestry and Power Systems.

3. 03

   Norwood will receive an annual base salary of $925,000, the company said, with a short-term incentive target of 100% of base salary. He will also receive a one-time award of 8,809 PSUs on May 1, 2026. The PSUs are subject to performance goals and time-based vesting through October 27, 2030.

4. 04

   Norwood joined the company as a Program Manager in 2013, the company said. He then served as Manager, Investor Communications from 2018 to 2022 and Director, Investor Relations from 2022 to 2023. He has been Vice President & Finance Director, Construction & Forestry and Power Systems since October 2023.

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Original filing

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