Red Flags Detected
- Departure Of Ceo (new) — Current CEO Jay Geldmacher will resign upon appointment of new CEO at separation closing, though this was previously disclosed in November 2024 agreement.
Resideo names Thomas Surran CEO, files Form 10 for ADI spin-off as separation nears
Filed May 11, 2026 · Period ending May 6, 2026 · ~1 min read
Key Changes
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Thomas Surran, currently President of Products and Solutions segment, appointed President and CEO effective upon completion of ADI separation. Current CEO Jay Geldmacher will retire and serve as advisor for six months.
Item 5.02 verify on EDGAR → -
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ADI Global Distribution filed Form 10 registration statement for spin-off. Resideo conducting lender meetings starting May 11 to secure financing for both companies post-separation.
Item 7.01 verify on EDGAR → -
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Two directors (Nathan Sleeper, Cynthia Hostetler) and three officers (Robert Aarnes, Michael Carlet, Jeannine Lane) resigning upon separation closing to join ADI. Two new directors appointed: Andrew Campelli (CD&R partner) and Thomas Surran.
Item 5.02 verify on EDGAR →
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Generated by AI · Jun 8, 2026 3:22 PM