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Get filing alertsFortrea reinstates Jason Knoblauch as CFO after settling restrictive-covenant lawsuit
Filed September 10, 2026 · Period ending September 9, 2026 · ~1 min read
Key Changes
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Jason Knoblauch reinstated as CFO and principal financial officer effective September 9, 2026.
Item 5.02 verify on EDGAR → -
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Knoblauch, Fortrea, and his former employer entered a settlement agreement and mutual release resolving the restrictive-covenant lawsuit.
Item 5.02 verify on EDGAR → -
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Interim CFO David Smith steps down from the interim role but remains on the Board.
Item 5.02 verify on EDGAR →
Summary
Fortrea Holdings reinstated Jason Knoblauch as Chief Financial Officer and principal financial officer on September 9, 2026, after he and the company reached a settlement with his former employer. The lawsuit had alleged violations of restrictive covenants and retention of confidential information. The settlement agreement and mutual release clears the way for Knoblauch to return to the CFO role.
His compensation package remains unchanged from what was previously disclosed in the June 26, 2026 Form 8-K. David Smith, who served as Interim CFO during Knoblauch's leave, stepped down from that interim position but will remain on the Board. This restores permanent CFO leadership at Fortrea.
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 September 9, 2026, the Board of Directors (the “Board”) of Fortrea Holdings, Inc. (the “Company”) reinstated Jason Knoblauch as Chief Financial Officer and designated Mr. Knoblauch as principal financial officer of the Company.
Jason Knoblauch returns to the CFO role and principal financial officer designation after a leave of absence. His compensation package is unchanged from what was previously disclosed in the June 26, 2026 Form 8-K.
Added in current filing · verify on EDGAR →
Mr. Knoblauch, the Company and Mr. Knoblauch’s former employer entered into a settlement agreement and mutual release to resolve the matter.
The lawsuit filed by Mr. Knoblauch's prior employer, which alleged violations of restrictive covenants and retention of confidential information, has been resolved through a settlement agreement and mutual release. This clears the path for his reinstatement.
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Figures/quotes linked to EDGAR · Narrative written by AI · Sep 11, 2026 · How we verify