The company said Suketu Upadhyay informed it on April 22, 2026 of his intention to resign as Chief Financial Officer to pursue a new professional opportunity, effective April 28, 2026.

1. 01

   The company said Suketu Upadhyay informed it on April 22, 2026 of his intention to resign as Chief Financial Officer to pursue a new professional opportunity, effective April 28, 2026.

2. 02

   The company said it has appointed Paul Stellato, Vice President, Controller and Chief Accounting Officer, as interim Chief Financial Officer while he continues in his current role. It said he will serve as principal financial officer until a permanent successor is named.

3. 03

   The company said it will provide Stellato with an annual base salary of $550,000 (prorated for 2026) and a target annual bonus of 70% of base salary for 2026 (prorated). The grants, with a grant date of May 1, 2026, include restricted stock units with a grant date fair value of about $750,000 and PRSUs with a grant date fair value of about $100,000.

4. 04

   The company said Stellato has served as Vice President, Controller and Chief Accounting Officer since May 2022, and previously held finance roles at Xylem Inc. and ITT Corporation. It said he is a certified public accountant. The company said it is conducting a search for a permanent Chief Financial Officer.

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Original filing

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