AI English summary of an SEC filing — figures as filed

Trane Technologies said the Board appointed Elizabeth Elwell, age 50, as Vice President and Chief Accounting Officer on January 10, 2024, effective February 12, 2024, and she will also serve as Principal Accounting Officer from that date.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Jan 10, 2024Period of report Jan 10, 2024Summary published (UTC) Oct 29, 2026

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Trane Technologies said the Board appointed Elizabeth Elwell, age 50, as Vice President and Chief Accounting Officer on January 10, 2024, effective February 12, 2024, and she will also serve as Principal Accounting Officer from that date.
The company said Elwell succeeds Mark Majocha as Vice President and Chief Accounting Officer, and Majocha will be appointed President, Supply for the Americas segment as of the same effective date.
Trane said Elwell has served as Vice President Finance, Residential HVAC and Supply since May 2022, and was Vice President, Financial Planning and Analysis from January 2019 to May 2022.
The company said Elwell will receive an annual base salary of $400,000, an AIM target of 60% and an annual equity award opportunity target of $300,000. It said that upon a change in control, she will receive a severance payment equal to two times her base salary plus her AIM target.

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Elizabeth Elwell Named Chief Accounting Officer

Trane Technologies said the Board appointed Elizabeth Elwell, age 50, as Vice President and Chief Accounting Officer on January 10, 2024, effective February 12, 2024, and she will also serve as Principal Accounting Officer from that date.

Source · Based on the filing body and exhibits

Mark Majocha's Successor and New Role

The company said Elwell succeeds Mark Majocha as Vice President and Chief Accounting Officer, and Majocha will be appointed President, Supply for the Americas segment as of the same effective date.

Source · Based on the filing body and exhibits

Elwell's Career Background

Trane said Elwell has served as Vice President Finance, Residential HVAC and Supply since May 2022, and was Vice President, Financial Planning and Analysis from January 2019 to May 2022.

Source · Based on the filing body and exhibits

Elwell's Compensation Terms and Change in Control Agreement

The company said Elwell will receive an annual base salary of $400,000, an AIM target of 60% and an annual equity award opportunity target of $300,000. It said that upon a change in control, she will receive a severance payment equal to two times her base salary plus her AIM target.

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.

View the original filing on SEC EDGAR ↗

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