Forgent Power Solutions clarifies CFO departure was without disagreement
Forgent Power Solutions, Inc. (NYSE: FPS) filed an amendment to its Form 8-K to clarify that the departure of Ryan Fiedler as Chief Financial Officer did not result from any disagreement with the company. The clarification addresses the standard disclosure requirements for officer departures under the Securities Exchange Act of 1934.
Forgent Power Solutions, Inc. (NYSE: FPS) filed an amendment to its Form 8-K to clarify that the departure of Ryan Fiedler as Chief Financial Officer did not result from any disagreement with the company. The clarification addresses the standard disclosure requirements for officer departures under the Securities Exchange Act of 1934.
In the original Current Report on Form 8-K filed on October 22, 2026, the company stated that it and Fiedler agreed that he would step down as CFO effective October 21, 2026. The new amendment, dated October 21, 2026, specifies that this separation was not caused by any conflict regarding the company's operations, policies, practices, financial condition, accounting principles, or financial reporting.
Under a Separation and Release Agreement involving the company, Fiedler, and certain other parties, Fiedler will remain employed by Forgent Power Solutions through October 30, 2026. His continued employment during this period is intended to assist with the transition of his duties. The amendment states that it does not modify or update any other disclosure contained in the original filing.
The company is a Delaware corporation with its principal executive offices located at 11500 Dayton Parkway in Dayton, Minnesota. Its Class A Common Stock trades on The New York Stock Exchange under the symbol FPS. The amendment was signed by Tyson K. Hottinger, the company's Chief Legal Officer, on October 22, 2026.
Filed by the newsroom of MarketPR on October 22, 2026. Source: sec.gov. Indicative figures are not investment advice.