Enerpac Tool Group (EPAC) has released an update to notify the public and investors about its officers.
Anthony P. Colucci, CFO of Enerpac Tool Group, will resign on March 1, 2024, to join a private equity firm, with no conflicts cited. Enerpac appointed P. Shannon Burns as Interim Principal Financial Officer and Patrick Dawson as Interim Principal Accounting Officer, effective the same date. Burns brings experience from Harley-Davidson and MillerCoors, while Dawson joins from INNIO Group and EPIC Systems, both with strong financial backgrounds. They will receive restricted stock units as part of their compensation.
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For a comprehensive understanding of the announcement, you can read the full document here.