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- Departure of CFO (new) — CFO Charles T. Lauber is retiring, with successor Carrie Anderson taking over July 1, 2026.
A. O. Smith names Carrie Anderson CFO, effective July 1, replacing retiring Charles Lauber
Filed May 19, 2026 · Period ending May 19, 2026 · ~1 min read
Key Changes
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high
Carrie Anderson, 57, appointed CFO effective July 1, 2026, succeeding retiring CFO Charles Lauber. Anderson brings CFO experience from Campbell's (2023-2025) and Integra LifeSciences (2019-2023).
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
low
Anderson receives $1.5M restricted stock unit sign-on award vesting over three years, plus relocation assistance including two months' salary for incidental expenses.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR → -
low
Compensation package includes base salary, annual bonus eligibility, equity awards, and standard executive benefits consistent with other officers. Lauber will remain temporarily to facilitate transition.
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
Summary
A. O. Smith announced a planned CFO transition, with Carrie Anderson taking over from retiring CFO Charles Lauber effective July 1, 2026. The departure is characterized as a retirement rather than an abrupt exit, and the company has secured an experienced successor with a strong track record.
Anderson, 57, most recently served as CFO of Campbell's Company (January 2023 to October 2025) and previously held the CFO role at Integra LifeSciences (June 2019 to January 2023), along with senior finance positions at Dover and Delphi. This background suggests continuity in financial leadership capability.
For retail investors, CFO transitions warrant attention because the role oversees financial reporting, capital allocation, and investor communications. However, the planned nature of this succession—with Lauber remaining temporarily to facilitate the handover—reduces execution risk. Anderson's compensation package is standard for executive hires, including a $1.5 million sign-on equity award vesting over three years to align her interests with shareholders. The transition appears orderly and the successor well-credentialed for the role.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On May 19, 2026, A. O. Smith Corporation (the “Company") disclosed that it has selected Carrie Anderson as its Executive Vice President and Chief Financial Officer effective July 1, 2026. She will succeed Charles T. Lauber, who has decided to retire from the Company.
Carrie Anderson, age 57, will become CFO on July 1, 2026, replacing retiring CFO Charles T. Lauber. Anderson brings extensive finance leadership experience from Campbell's Company (CFO Jan 2023-Oct 2025), Integra LifeSciences (CFO Jun 2019-Jan 2023), and senior roles at Dover and Delphi. Lauber will remain temporarily to facilitate the transition.
Show 1 minor / wording change
Added in current filing · verify on EDGAR →
In connection with Ms. Anderson’s appointment as the Company’s Chief Financial Officer, the Company has agreed that Ms. Anderson will receive compensation, including an annual base salary, participation in the Company’s annual Executive Bonus Plan and annual equity awards under the Company’s Combined Incentive Compensation Plan, and be eligible to participate in the benefit plans and arrangements made available generally to the Company’s executive officers, including the Senior Leadership Severance Plan, all in a manner consistent in all material respects with the compensation that the Company provides to its executive officers.
Anderson will receive standard executive compensation including base salary, annual bonus eligibility, equity awards, and participation in benefit plans consistent with other executive officers. Details of these plans are in the March 4, 2026 proxy statement.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 24, 2026 · How we verify