Fortrea CAO resigns; CFO transition agreement finalizes $1M+ severance package

Filed July 14, 2026 · Period ending July 8, 2026 · ~1 min read

Key Changes

• high

  CFO Jill McConnell's severance finalized at $1,017,500 (1x base salary plus target bonus), paid through September 2026 transition period plus consulting through March 2027 with continued RSU vesting.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Chief Accounting Officer Robert Parks resigns effective August 7, 2026 to pursue opportunity outside CRO industry; filing states departure not due to disagreement on operations, policies, or accounting practices.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →
• medium

  Carrie Russell, VP of Accounting since August 2024 (previously 17 years at PwC including SEC Services group), named interim CAO starting August 7; receives $20,000 bonus plus $10,000 monthly during interim tenure.

  Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation verify on EDGAR →