Taylor Devices Inc (TAYD)
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
NASDAQIndustrialsIndustrial - MachinerySnapshot 2026-09-04
QuarterlyIQ Insights · TAYD
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
The filing is about the approval of a stock option plan, not a management change.
President and Director — Alan R. Klembczyk: Alan R. Klembczyk is retiring from his position as President and will not stand for reelection to the Board, with a transition period until November 30, 2025.
Entry into a Material Definitive Agreement. On September 11, 2023, the Compensation Committee of Taylor Devices, Inc. approved an Employment Agreement between Taylor Devices, Inc. and Paul M. Heary, Chief Financial Officer. By the terms, the Company will continue to employ the Executive for a period of one year after the date of the Agreement. After the initial term, this Agreement will automatically renew each year for one additional year. However, either party may elect not to renew this Ag…
Chief Financial Officer — Mark V. McDonough: Mark V. McDonough retired as CFO and Paul Heary was appointed as the new CFO.
Entry into a Material Definitive Agreement. On August 9, 2021, the Compensation Committee of Taylor Devices, Inc. approved Employment Agreements between Taylor Devices, Inc. and Timothy J. Sopko, Chief Executive Officer. By the terms, the Company will continue to employ the Executive for a period of one year after the date of the Agreement. After the initial term, this Agreement will automatically renew each year for one additional year. However, either party may elect not to renew this Agree…
Director — Mark V. McDonough: Mr. McDonough resigned as a director but continues to serve as CFO.
null — null: The filing does not contain any specific information about a management change.
Entry into a Material Definitive Agreement. On June 13, 2018, the Compensation Committee of Taylor Devices, Inc. approved Employment Agreements between Taylor Devices, Inc. and both Alan R. Klembczyk, President, and Mark V. McDonough, Chief Financial Officer. By the terms, the Company will continue to employ the Executive for a period of one year after the date of the Agreement. After the initial term, this Agreement will automatically renew each year for one additional year. However, either…
President — Alan R. Klembczyk: Alan R. Klembczyk was promoted to President, replacing the retiring Douglas P. Taylor.
Director — Fritz E. Armenat: Mr. Fritz E. Armenat was appointed as a Class 1 Director to fill the vacancy created by the death of Reginald B. Newman II.
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