8-KFiled Aug 27, 8:00 PM ET
Lindsay Corporation Appoints Interim Co-Chief Financial Officers
$LNN · LINDSAY CORPResearch Summary
AI-generated summary of this SEC filing
Lindsay Corporation Appoints Interim Co-Chief Financial Officers
What Happened
- Lindsay Corporation announced on August 28, 2026 that the Board appointed Alicia Pfeifer and Brett Coburn as interim co-Chief Financial Officers, effective September 1, 2026. Brett Coburn will also serve as the interim principal financial officer for SEC reporting purposes.
Key Details
- Effective date: September 1, 2026. Filing date: August 28, 2026.
- Stipend: each interim co-CFO will receive an additional $10,000 per month while serving in the role.
- Backgrounds: Alicia Pfeifer (41) has worked at Lindsay since October 2014 in finance, investor relations and treasury roles; Brett Coburn (35) has been with Lindsay since April 2019 and is a licensed CPA in Nebraska.
- Compensation: both remain entitled to base salary, annual bonus opportunities, long‑term equity awards (at the Human Resources and Compensation Committee’s discretion), and standard employee benefits.
Why It Matters
- The appointment ensures continuity in financial leadership and SEC reporting by naming an interim principal financial officer (Coburn) ahead of any permanent change. The incremental cost to the company is limited to the disclosed $10,000 monthly stipends plus any approved compensation adjustments. Investors should view this as an internal succession step aimed at maintaining accounting and reporting operations without material changes to reported financials.