AI English summary of an SEC filing — figures as filed
Hubbell HUBBHubbell announced on September 10, 2025 that Joseph A. Capozzoli has been promoted to Senior Vice President and Chief Financial Officer, effective January 1, 2026, to succeed William R. Sperry, who will retire as Chief Financial Officer effective December 31, 2025.
Key points
AI summaryHubbell announced on September 10, 2025 that Joseph A. Capozzoli has been promoted to Senior Vice President and Chief Financial Officer, effective January 1, 2026, to succeed William R. Sperry, who will retire as Chief Financial Officer effective December 31, 2025.
The company said Sperry will continue as Chief Financial Officer through the end of 2025 and as Executive Vice President into 2026, providing transition and strategic support. The press release stated that Sperry has served the company for 17 years, including 14 years as CFO.
Hubbell said Capozzoli joined the company in 2013 as Vice President, Controller and became Vice President, Finance of the Electrical Solutions segment effective January 2023. Effective the Effective Date, his base salary will increase from $440,000 to $550,000, and his annual short-term incentive award target percentage will increase from 25% to 75% of his base salary.
The company said Capozzoli will receive a Change in Control Severance Agreement providing, upon a qualifying termination, a lump sum payment of 2.0 times his base salary and 2.0 times his target short-term incentive award, continued medical, dental, vision and life insurance benefits for 2 years, and outplacement services for up to 12 months at a cost not to exceed the lesser of 15% of his annual base salary or $50,000.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Chief Financial Officer Succession Announced
Hubbell announced on September 10, 2025 that Joseph A. Capozzoli has been promoted to Senior Vice President and Chief Financial Officer, effective January 1, 2026, to succeed William R. Sperry, who will retire as Chief Financial Officer effective December 31, 2025.
Source · Based on the filing body and exhibits
Sperry's Transition Role
The company said Sperry will continue as Chief Financial Officer through the end of 2025 and as Executive Vice President into 2026, providing transition and strategic support. The press release stated that Sperry has served the company for 17 years, including 14 years as CFO.
Source · Based on the filing body and exhibits
Capozzoli Career and Compensation Changes
Hubbell said Capozzoli joined the company in 2013 as Vice President, Controller and became Vice President, Finance of the Electrical Solutions segment effective January 2023. Effective the Effective Date, his base salary will increase from $440,000 to $550,000, and his annual short-term incentive award target percentage will increase from 25% to 75% of his base salary.
Source · Based on the filing body and exhibits
Change in Control Severance Agreement Terms
The company said Capozzoli will receive a Change in Control Severance Agreement providing, upon a qualifying termination, a lump sum payment of 2.0 times his base salary and 2.0 times his target short-term incentive award, continued medical, dental, vision and life insurance benefits for 2 years, and outplacement services for up to 12 months at a cost not to exceed the lesser of 15% of his annual base salary or $50,000.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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