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Rockwell Automation (ROK) has shared an announcement.
Christian Rothe has been appointed as the new Senior Vice President and Chief Financial Officer of a prominent company, effective August 19, 2024, succeeding Nicholas Gangestad. With a strong background from Graco Inc., Rothe brings extensive industry experience to the role. He will be compensated with a $800,000 annual salary, incentive plans, stock options, and restricted stock units based on the company’s share price, along with sign-on bonuses and standard company benefits. Additionally, he will enter into a special agreement in case of a company control change and is subject to standard financial recoupment policies.
For an in-depth examination of ROK stock, go to TipRanks’ Stock Analysis page.