TEXTRON INC 8-K

What Happened

• Textron Inc. filed an 8-K (Item 5.02) reporting that its Board elected Cristina Méndez as a director, effective February 15, 2026. The filing was dated January 30, 2026.

Key Details

• Ms. Méndez is currently Executive Vice President and Chief Financial Officer of Otis Worldwide Corporation; Otis reported $14 billion in net sales in 2024 and serves customers in over 200 countries.
• She was appointed Otis CFO in 2024 and previously served as Senior VP, Finance & Transformation for Otis EMEA (since 2022). From 2017–2022 she was Senior VP, Director FPA at Telefónica Deutschland; she held senior finance roles at Telefónica Group from 2007–2017.
• She will join Textron’s Audit Committee and Nominating and Corporate Governance Committee, and the Board has determined she is independent under NYSE rules and qualifies as an “audit committee financial expert” under SEC rules.
• Ms. Méndez will participate in Textron’s Director Compensation Program (as described in Textron’s 2024 Form 10-K) and will enter Textron’s standard Directors Indemnity Agreement.

Why It Matters

• This adds a seasoned global finance executive and a designated audit committee financial expert to Textron’s board, which can strengthen financial oversight and governance. The appointment is a governance update (Item 5.02) and does not disclose changes to executive pay or company financial guidance. Investors should note the effective date (Feb 15, 2026) and the Board’s independence determination.