8-K

Allegion plc (ALLE)

8-K 2021-02-10 For: 2021-02-10
View Original
Added on April 10, 2026

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

____________________________________________

FORM 8-K

____________________________________________

CURRENT REPORT

Pursuant to Section 13 or 15 (d) of The

Securities Exchange Act of 1934

Date of Report – February 10, 2021

(Date of earliest event reported)

____________________________________________

ALLEGION PUBLIC LIMITED COMPANY

(Exact name of registrant as specified in its charter)

____________________________________________

Ireland 001-35971 98-1108930
(State or other jurisdiction<br>of incorporation) (Commission<br>File Number) (I.R.S. Employer<br>Identification No.)

Block D

Iveagh Court

Harcourt Road

Dublin 2, D02 VH94, Ireland

(Address of principal executive offices, including zip code)

(353)(1) 2546200

(Registrant’s phone number, including area code)

N/A

(Former name or former address, if changed since last report)

____________________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the

registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading symbol Name of exchange on which registered
Ordinary shares, par value $0.01 per share ALLE New York Stock Exchange
3.500% Senior Notes due 2029 ALLE 3 ½ New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company    ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 8.01 Other Events

On February 10, 2021, Allegion plc (the “Company”) issued a press release announcing that Luis Orbegoso had joined the Company as its Senior Vice President - Allegion Americas. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

Exhibit<br><br>No. Description
99.1 Press Release dated February 10, 2021
104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 101)

SIGNATURE

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALLEGION PLC<br><br>(Registrant)
Date: February 10, 2021 /s/ Hatsuki Miyata
Hatsuki Miyata<br>Secretary

Document

allegion1a.jpg

NEWS RELEASE

Luis Orbegoso Named

Allegion Americas Business Leader

DUBLIN (Feb. 10, 2021) — Allegion plc (NYSE:ALLE), a leading global provider of security products and solutions, today named Luis Orbegoso as senior vice president of Allegion Americas.

In his new executive leadership role, Orbegoso is responsible for a business that generates approximately $2 billion in annual revenue and is supported by more than 7,000 employees across Canada, Mexico and the United States. He will report directly to Allegion Chairman, President and CEO David D. Petratis.

“The Allegion family is both honored and excited to add Luis to our executive team,” Petratis said. “Luis brings a wealth of diverse leadership experiences spanning multiple industries, geographies and cultures and has a track record of guiding teams through transformation, with a focus on operational and customer excellence. He possesses a deep understanding of smart-home security, cloud technology, consumer access solutions, as well as commercial and institutional safety, which support our strategic priorities.”

Orbegoso served as president and chief operating officer of American Residential Services (ARS) from 2017 to 2020, where he was responsible for all day-to-day operations across the United States and approximately 6,700 employees. During his tenure there, Orbegoso’s accomplishments included standardizing field processes of the company’s more than 70 branches; developing a new and highly effective channel for lead generation in the smart-home market; and driving significant improvements that led to margin expansion, among other things.

Prior to that, Orbegoso served as president of ADT Business at ADT Corporation – currently ADT Inc. (ADT) – where he oversaw the growth strategy of its security and automation segment serving small and mid-sized business owners. At ADT, Orbegoso established a standalone division within the company, introduced innovative new products and services and optimized distribution channels.

Orbegoso’s security industry experience further extends to his earlier role as president of the global detection and alarm businesses at UTC Climate, Controls & Security, a subsidiary of United Technologies Corporation (UTC) at the time, as well as his role as president of Lenel Systems International, Inc., a division of UTC's fire and security segment. Orbegoso’s career additionally includes 13 years with General Electric in a variety of sales, marketing and general management roles, culminating in his post as chief marketing officer of GE Equipment Services.

“This opportunity to help drive growth at Allegion – a well-known and trusted innovator in the security industry – is exciting,” Orbegoso said. “It’s clear that the company and the Americas business is in a fantastic position to deliver seamless access with powerful brands and key business relationships. I'm inspired by the people and the vision.”

Orbegoso earned an executive M.B.A. from Northwestern University’s Kellogg School of Management and a bachelor’s degree in mechanical engineering from the University of Cincinnati. He additionally holds the Six Sigma Master Black Belt process improvement certification.

allegion21a.jpg

allegion1a.jpg

NEWS RELEASE

“Luis is very well-rounded, with experiences and leadership commitments that align to Allegion values and our vision of seamless access and a safer world,” Petratis added “I look forward to his contributions to our Allegion Americas business and our leadership team.”

About Allegion

Allegion (NYSE: ALLE) is a global pioneer in seamless access, with leading brands like CISA®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Focusing on security around the door and adjacent areas, Allegion secures people and assets with a range of solutions for homes, businesses, schools and institutions. Allegion had $2.9 billion in revenue in 2019 and sells products in almost 130 countries.

For more, visit www.allegion.com.

Media Contact:

Whitney Moorman – Reputation Management Leader

317-810-3241

Whitney.Moorman@allegion.com

Analyst Contact:

Tom Martineau – Vice President, Investor Relations, and Treasurer

317-810-3759

Tom.Martineau@allegion.com

Source: Allegion plc

allegion21a.jpg