Company: TDY
Filing Date: 2025-04-28
Form Type: 8-K
Source: 0001094285-25-000108
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Company: TELEDYNE TECHNOLOGIES INC
Filing Date: 2025-04-28
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

(b) - (c) On April 28, 2025, Teledyne Technologies Incorporated ("Teledyne") issued a press release announcing the management changes and executive promotion made by its Board of Directors as described below, each effective as of April 28, 2025. A copy of the press release is attached hereto as Exhibit 99.1.

1. Edwin Roks has retired as Teledyne’s Chief Executive Officer and will continue as a special advisor to the Executive Chairman through August 31, 2025.

2. George C. Bobb III has become Teledyne’s President and Chief Executive Officer. Mr. Bobb, age 50, was Teledyne’s President and Chief Operating Officer since January 1, 2024. Prior to that role, Mr. Bobb was President of Teledyne’s Aerospace and Defense Electronics Segment and had executive leadership responsibility for the Marine Instrumentation group, the Engineered Systems Segment, Teledyne Scientific & Imaging, LLC, and Teledyne’s Information Technology functions. First joining Teledyne in 2008, Mr. Bobb also held other executive and legal positions, including Chief Compliance Officer.

Also, as a result of his promotion, on and effective as of April 28, 2025, Teledyne’s Board of Directors increased Mr. Bobb’s annual base salary from $665,000 to $900,000 and his target opportunity for the 2025 AIP increased from 100% to 120% (on a prorated basis).

Item 9.01 Financial Statements and Exhibits