Rockwell Automation, Inc 8-K, filed Feb 3, 2022
Rockwell Automation, Inc (ROK)
About this 8-K
Rockwell Automation, Inc filed this 8-K on February 3, 2022, reporting on events of February 2, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): February 3, 2022 (
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 2, 2022, the Board of Directors (the “Board”) of Rockwell Automation, Inc. (the “Company”) approved an increase in the number of directors of the Company from ten to eleven effective February 2, 2022, in accordance with the Company’s By-Laws. On February 2, 2022, the Board elected Robert W. Soderbery as a director of the Company effective February 2, 2022, to fill the vacancy created by the increase in the number of directors and designated him as a member of the class of directors with a term expiring at our 2023 Annual Meeting of Shareowners. Mr. Soderbery was appointed as a member of the Technology Committee effective February 2, 2022.
In connection with his election to the Board, Mr. Soderbery will receive the standard equity and cash compensation paid to our non-employee directors and new non-employee directors upon first election to the Board, including shares of common stock with a value of $98,334 pursuant to our 2020 Long-Term Incentives Plan. Director compensation is more fully described in our definitive Proxy Statement dated December 14, 2021 for our 2022 Annual Meeting of Shareowners.
There is no arrangement or understanding between Mr. Soderbery and any other person pursuant to which he was selected as a director. Mr. Soderbery is not a party to any transaction required to be disclosed under Item 404(a) of Regulation S-K involving the Company or any of its subsidiaries.
A copy of the Company’s press release is attached hereto as Exhibit 99 and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits |
| 99 | Press release of the Company dated February 3, 2022 | |
| 104 | Cover Page Interactive Data File, formatted in inline XBRL | |
(Page 2 of 3 Pages)
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.
| ROCKWELL AUTOMATION, INC. | ||
| (Registrant) | ||
| By | /s/ Rebecca W. House | |
| Rebecca W. House | ||
| Senior Vice President, Chief People and Legal Officer and Secretary | ||
Date: February 3, 2022
(Page 3 of 3 Pages)
| News Release | Exhibit 99 |
Rockwell Automation Elects Robert Soderbery to Board of Directors
MILWAUKEE – Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, announced today that Robert Soderbery was elected to its board of directors effective Feb. 2, 2022. Soderbery is currently executive vice president and general manager, Flash Business Unit, at Western Digital.
“Rob brings over 30 years of experience in the tech industry and will be a terrific addition to the Rockwell Automation board of directors,” said Blake Moret, chairman and chief executive officer of Rockwell Automation. “His deep technology background, product management expertise, and understanding of global customers will be a great complement to the diverse talents of our strong board.”
In his role at Western Digital, Soderbery is responsible for all aspects of the $10 billion flash memory business, serving cloud, client computing, and consumer market segments. Prior to that, he served as president of UpLift, Inc., a fintech company, where he was responsible for building a cloud-based payments and lending platform enabling consumer financing on major merchant platforms.
Soderbery previously served as senior vice president and general manager, Enterprise Products, at Cisco Systems. While at Cisco, he was responsible for IoT software and hardware solutions, the introduction of the CiscoONE software architecture, and acquisition of the Meraki cloud networking platform. Prior to Cisco, Soderbery advanced through a series of leadership roles at Symantec Corporation.
Soderbery holds a Master of Science in computer science from Stanford University and a Bachelor of Science in electrical engineering from Caltech.
About Rockwell Automation
Rockwell Automation, Inc. (NYSE: ROK), is a global leader in industrial automation and digital transformation. We connect the imaginations of people with the potential of technology to expand what is humanly possible, making the world more productive and more sustainable. Headquartered in Milwaukee, Wisconsin, Rockwell Automation employs approximately 24,500 problem solvers dedicated to our customers in more than 100 countries. To learn more about how we are bringing the Connected Enterprise to life across industrial enterprises, visit www.rockwellautomation.com.
Media Contact:
Marci Pelzer
Director, External Communications
+1 414-553-4661
MPelzer@rockwellautomation.com