Resideo Technologies Updates CEO Jay Geldmacher's 2026 Incentive Compensation Terms

Reuters

Jan 08

Resideo Technologies Updates CEO Jay Geldmacher's 2026 Incentive Compensation Terms

Resideo Technologies Inc. has amended its agreement with President and CEO Jay Geldmacher regarding his annual incentive compensation for 2026 as part of his upcoming retirement and leadership transition. Under the updated terms, if the transition to a new CEO occurs before December 31, 2026, Geldmacher will receive a pro-rated annual incentive compensation for 2026, paid at target for the period served. If the transition takes place on or after December 31, 2026, he will be eligible for the full annual incentive compensation for 2026, based on actual performance against established measures. The amendment follows the company's announcement that Geldmacher’s retirement will become effective upon completion of the separation of the ADI Global Distribution business, after which he will serve in an advisory role for six months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Resideo Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-006506), on January 07, 2026, and is solely responsible for the information contained therein.

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Under the updated terms, if the transition to a new CEO occurs before December 31, 2026, Geldmacher will receive a pro-rated annual incentive compensation for 2026, paid at target for the period served. If the transition takes place on or after December 31, 2026, he will be eligible for the full annual incentive compensation for 2026, based on actual performance against established measures. The amendment follows the company's announcement that Geldmacher’s retirement will become effective upon completion of the separation of the ADI Global Distribution business, after which he will serve in an advisory role for six months.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001193125-26-006506), on January 07, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE0031619046.USD","symbol_name":"LEGG MASON ROYCE US SMALL CAP OPPORTUNITY \"A\" (USD) INC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260107:nNDL48slWl:1","article_id":"2601381281","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2601381281","pubTimestamp":1767823168,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Resideo Technologies Inc. has amended its agreement with President and CEO Jay Geldmacher regarding his annual incentive compensation for 2026 as part of his upcoming retirement and leadership transition. 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Resideo Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-006506), on January 07, 2026, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}