ITRI 8-K
Itron, Inc. (ITRI)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Effective August 11, 2025, the Board of Directors (the Board) of Itron, Inc. (the Company) appointed Sheri Savage as a new director of the Board, effective immediately. Ms. Savage has been appointed to the Audit/Finance Committee of the Board.
Since July 2016, Ms. Savage, age 54, serves as the Senior Vice President, Finance and Chief Financial Officer at Ultra Clean Holding, Inc. (Ultra Clean), a Nasdaq listed company. From 2009 to July 2016, she held various roles of increasing responsibility at Ultra Clean. She served as Director, Internal Audit from 2006 until 2008 and Vice President, Finance from 2008 until 2009 at Credence Systems Corporation.
Ms. Savage is expected to participate in the Company's standard non-employee director compensation arrangements, as described in the Company's proxy statement for the 2025 annual meeting of shareholders.
There are no arrangements or understandings between Ms. Savage and any other person pursuant to which she was appointed as a director. Further, she is not a party to any current or proposed transaction with the Company for which disclosure is required under Item 404(a) of Regulation S-K. There is no material plan, contract, or other arrangement to which Ms. Savage is a party other than as described above.
On August 14, 2025, the Company announced the appointment of Sheri Savage to the Company’s Board. A copy of the press release announcing her appointment is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
(d) Exhibits.
| Exhibit Number | Description | |
| 99.1 | Press Release Dated August 14, 2025.* | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
*This exhibit is intended to be furnished and shall not be deemed "filed" for purposes of the Exchange Act.
SIGNATURE
Pursuant to the requirements 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.
| Itron, Inc. | ||
| Date: August 14, 2025 | By: | /s/ Christopher E. Ware |
| Christopher E. Ware | ||
| Senior Vice President, General Counsel and Corporate Secretary | ||
EXHIBIT 99.1
Itron Appoints Sheri Savage to Board of Directors
Executive Brings More Than 30 Years of Experience in Finance
LIBERTY LAKE, Wash., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Itron, Inc. (NASDAQ: ITRI), which is innovating new ways for utilities and cities to manage energy and water, announced the appointment of Sheri Savage, senior vice president of finance and CFO at Ultra Clean Holdings (UCT), Inc., to its board of directors, effective Aug. 11, 2025.
Savage has more than 30 years of experience in finance, most recently as the head of finance for UCT, a semiconductor capital equipment and manufacturing services provider. She has held multiple leadership roles at UCT since joining the company in 2009. In 2016, she became the CFO and then helped lead the company through an unprecedented period of revenue and earnings growth. Prior to UCT, Savage served as corporate controller and vice president of finance and director of internal audit at Credence Systems Corporation. Before Credence Systems, she held various accounting and finance roles at Protiviti and KLA-Tencor Corporation.
“Sheri’s strategic financial leadership, including extensive experience in accounting, treasury, equity, financial planning and analysis, internal audit, investor relations, and mergers and acquisitions, makes her an ideal candidate for Itron’s board of directors,” said Diana Tremblay, chair of Itron’s board of directors.
“We welcome Sheri to the Itron Board and look forward to collaborating to advance our business strategy and deliver value to our customers and shareholders,” said Tom Deitrich, Itron’s president and chief executive officer. “Sheri’s depth of experience in senior-level public company finance will be an asset to the board.”
“I am honored to join Itron’s board of directors and look forward the opportunity to help advance the company’s strategy, including optimizing shareholder value,” said Savage.
About Itron
Itron is transforming how the world manages energy, water and city services. Our trusted intelligent infrastructure solutions help utilities and cities improve efficiency, build resilience and deliver safe, reliable and affordable service. With edge intelligence, we connect people, data insights and devices so communities can better manage the essential resources they rely on to live and thrive. Join us as we create a more resourceful world: www.itron.com.
Itron® and the Itron Logo are trademarks of Itron, Inc. in the United States and other countries and regions. All third-party trademarks are property of their respective owners and any usage herein does not suggest or imply any relationship between Itron and the third party unless expressly stated.
For additional information, contact:
Itron, Inc.
Paul Vincent
Vice President, Investor Relations
512-560-1172
[email protected]