The company said the Board of Directors appointed Brian Shepherd as a director on June 26, 2024, effective July 2, 2024. The board determined that Mr. Shepherd qualifies as an independent director under New York Stock Exchange listing standards.

1. 01

   The company said the Board of Directors appointed Brian Shepherd as a director on June 26, 2024, effective July 2, 2024. The board determined that Mr. Shepherd qualifies as an independent director under New York Stock Exchange listing standards.

2. 02

   The company said the board resolved to increase its size from 8 to 9 members, effective July 2, 2024.

3. 03

   The company said Mr. Shepherd's director compensation will be consistent with that of the company's other independent directors, as described in the annual proxy statement filed on March 19, 2024. It said there are no arrangements or understandings with any other person under which Mr. Shepherd was selected as a director, and no transactions requiring disclosure under Item 404(a) of Regulation S-K.

4. 04

   In a press release, the company said Mr. Shepherd served as Senior Vice President, Software and Control, at Rockwell Automation from February 2021 through June 2024, and previously had a twenty-year tenure at PTC Inc. The company said Board Chair Roland Diggelmann cited Mr. Shepherd's broad leadership experience in the industrial automation sector.

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.

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

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