Fortrea's Chief Accounting Officer Robert A. Parks will resign effective August 7, 2026, and Vice President of Accounting Carrie Russell will become interim Chief Accounting Officer and interim principal accounting officer.
| IndividualRobert A. ParksCarrie RussellJill McConnell | RoleChief Accounting Officer and principal accounting officerVice President of Accounting; interim Chief Accounting Officer and interim principal accounting officerChief Financial Officer (transitioning) | Type of ChangeResignationAppointment (interim)Departure arrangement / transition | Effective DateAugust 7, 2026August 7, 2026Transition through September 8, 2026; consulting through March 8, 2027 | ReasonTo pursue an opportunity outside the contract research organization industry; not due to disagreement with Company or BoardTo assume responsibilities upon Parks' resignationPreviously announced transition; mutual agreement to continue through Transition Period | Replacement InfoCarrie Russell to assume interim CAO/principal accounting officer responsibilitiesInterim role until successor appointedNot disclosed (consulting arrangement and separation agreement described) | Background DetailsNot disclosedVP of Accounting since Aug 2024; ~17 years at PwC, including SEC Services; CPA; BSBA and Master of Accountancy from UNC Chapel Hill; board member of NC Museum of Art FoundationTransition Agreement and Separation Agreement provide severance of $1,017,500 and consulting arrangement; continued vesting during transition | Board/Committee Role ChangesNot disclosedNot disclosedNot disclosed |
Original SEC Filing:
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