Forgent Power Solutions is replacing its chief financial officer with a longtime finance leader, and the outgoing chief will help with the handoff. Ard's pay package adds salary, bonus eligibility, and an equity award, but the announcement gives no sign of a change to the company's business results.
The handoff keeps finance leadership with someone who has known the company since it began. Fiedler will help through October 30, giving them time to transfer duties. Ard's pay package adds salary, bonus eligibility, and an equity award, but the announcement does not show a change to the company's business results.
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