SIFCO INDUSTRIES INC 8-K

What Happened SIFCO Industries filed an 8‑K reporting that Chief Financial Officer Jennifer Wilson notified the board she will resign effective February 20, 2026. The company and Ms. Wilson executed a Resignation Agreement dated January 28, 2026 that governs payments and transition obligations. At the same board meeting, SIFCO appointed Eric Shultz as Chief Financial Officer and principal accounting officer, also effective February 20, 2026.

Key Details

• Jennifer Wilson’s Resignation Agreement (dated Jan 28, 2026) provides continued salary through the Feb 20, 2026 resignation date, reimbursement of business expenses, payment of accrued unused vacation in the first payroll after the Resignation Date, and a $30,000 transition cash bonus payable after the Resignation Date. It also includes a mutual release and reaffirmation of confidentiality obligations.
• Eric Shultz (age 59) will succeed Ms. Wilson as CFO and principal accounting officer. He is currently SIFCO’s Director of Strategy and Administration and has >25 years of finance/accounting experience, including prior CFO roles.
• Mr. Shultz’s compensation: $250,000 annual base salary, a $30,000 bonus payable when FY2026 bonuses are paid, and eligibility for the company’s management incentive plan.

Why It Matters A change in the company’s chief financial officer is material for investors because the CFO oversees financial reporting, accounting controls, and investor communications. The filing documents the transition timeline, the cost of the departure (continuing salary and a $30,000 cash bonus), and the new CFO’s compensation and qualifications, which help investors assess continuity in financial leadership and any near‑term impact on reporting or controls.