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Jacobs Solutions said Claudia Jaramillo, Executive Vice President and Chief Financial Officer, will depart effective April 15, 2024. The company said her departure was not the result of any dispute or disagreement with the company over reported financial statements or related financial results. The announcement was made on April 1, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Jacobs Solutions said Claudia Jaramillo, Executive Vice President and Chief Financial Officer, will depart effective April 15, 2024. The company said her departure was not the result of any dispute or disagreement with the company over reported financial statements or related financial results. The announcement was made on April 1, 2024.

  2. The company said Kevin Berryman, 65, who is currently Special Advisor to the Company's Chief Executive Officer, has been appointed interim Chief Financial Officer effective March 29, 2024. He joined the company in December 2014 and served as President and Chief Financial Officer until August 14, 2023.

  3. The company said it has begun a search for a permanent chief financial officer with the help of an executive search firm. It also said Kevin Berryman will continue to receive his current compensation as interim Chief Financial Officer.

  4. The company said it reaffirmed its previously announced 2024 fiscal-year outlook for adjusted EBITDA and adjusted EPS. It explained that the outlook excludes Restructuring, Transaction and Other Charges and assumes contributions from the separated businesses, and said it will provide additional commentary at its earnings call scheduled for May 7, 2024.

Summary

AI-written

Analysis 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 Claudia Jaramillo to Depart

Jacobs Solutions said Claudia Jaramillo, Executive Vice President and Chief Financial Officer, will depart effective April 15, 2024. The company said her departure was not the result of any dispute or disagreement with the company over reported financial statements or related financial results. The announcement was made on April 1, 2024.

Source · Based on the filing body and exhibits

Kevin Berryman Appointed Interim Chief Financial Officer

The company said Kevin Berryman, 65, who is currently Special Advisor to the Company's Chief Executive Officer, has been appointed interim Chief Financial Officer effective March 29, 2024. He joined the company in December 2014 and served as President and Chief Financial Officer until August 14, 2023.

Source · Based on the filing body and exhibits

CFO Search and Compensation Terms

The company said it has begun a search for a permanent chief financial officer with the help of an executive search firm. It also said Kevin Berryman will continue to receive his current compensation as interim Chief Financial Officer.

Source · Based on the filing body and exhibits

Reaffirms 2024 Fiscal-Year Adjusted EBITDA and Adjusted EPS Outlook

The company said it reaffirmed its previously announced 2024 fiscal-year outlook for adjusted EBITDA and adjusted EPS. It explained that the outlook excludes Restructuring, Transaction and Other Charges and assumes contributions from the separated businesses, and said it will provide additional commentary at its earnings call scheduled for May 7, 2024.

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.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.