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8-K//Current report

Crane Co 8-K

Accession 0001944013-26-000009

$CRCIK 0001944013operating

Filed

Jan 25, 7:00 PM ET

Accepted

Jan 26, 4:28 PM ET

Size

785.4 KB

Accession

0001944013-26-000009

Research Summary

AI-generated summary of this filing

Updated

Crane Co. Reports Quarterly Results; CEO Transition Set for April 27, 2026

What Happened

  • Crane Company announced its results of operations for the quarter ended December 31, 2025 (press release and quarterly financial data supplement furnished as Exhibit 99.1 to the Form 8‑K).
  • The Board elected Alejandro (Alex) Alcala, age 51, as President and Chief Executive Officer effective April 27, 2026. Mr. Alcala currently serves as Executive Vice President and Chief Operating Officer (since December 2024) and has held multiple senior operational roles since 2020. He is expected to join the Board and the Executive Committee on April 27, 2026.
  • Max Mitchell, the current Chairman, President and CEO, will transition to Executive Chairman effective April 27, 2026. Mr. Mitchell has been President and CEO since April 2023 and Chairman since April 2024.

Key Details

  • Filing date: January 26, 2026 (Form 8‑K).
  • Financial disclosure: Results for the quarter ended December 31, 2025 were announced; financial press release and quarterly supplement are Exhibit 99.1.
  • CEO succession: Alex Alcala named President & CEO, effective April 27, 2026; expected to join the Board and Executive Committee the same day.
  • Leadership change: Max Mitchell moves from CEO to Executive Chairman on April 27, 2026.

Why It Matters

  • Earnings/quarterly results: The company has released its quarter‑end financials; investors should review Exhibit 99.1 (press release and data supplement) for revenue, earnings and any management commentary or guidance.
  • Management continuity: The new CEO is an internal promotion (longstanding senior operating roles), which suggests continuity in leadership and strategy rather than an abrupt directional change.
  • Governance timing: The effective date (April 27, 2026) gives investors time to assess the incoming CEO’s background and the quarter’s financial details before the leadership transition.