Agilent plans transition for Chief Legal Officer role
Agilent Technologies, Inc. announced a leadership transition for its top legal executive.
Rhea-AI Filing Summary
Agilent Technologies, Inc. announced a leadership transition for its top legal executive. Senior Vice President, Chief Legal Officer and Secretary Bret DiMarco entered into a Transition and General Release Agreement under which he will resign from these roles upon the earlier of the start date of a new Chief Legal Officer or September 30, 2026.
DiMarco will then serve as a Special Advisor through December 1, 2026, receiving an annualized base salary of $350,000, continued eligibility for group health and welfare plans, and ongoing vesting of existing equity awards. He will not receive new equity grants or an annual bonus for the 2026 fiscal year.
After his Special Advisor service ends, and contingent on a supplemental release of claims becoming effective, he will receive a lump-sum payment equal to one times his current base salary and target bonus, reduced by the base salary already paid for his Special Advisor service.
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Insights
Agilent structures an orderly transition of its chief legal officer with defined pay and advisory period.
Agilent Technologies is planning a measured handover of its legal leadership. The Transition and General Release Agreement fixes the latest resignation date for Bret DiMarco’s Chief Legal Officer role at September 30, 2026, while allowing an earlier exit once a successor starts.
From that point until December 1, 2026, DiMarco shifts to a Special Advisor role at a reduced base salary of $350,000 per year, keeps health and welfare benefits, and continues vesting on existing equity awards. He forgoes a 2026 bonus and new equity, underscoring this as a wind-down phase.
Post-advisory, he is eligible for a lump-sum equal to one times his current base salary and target bonus, less Special Advisor salary, conditioned on a supplemental release of claims. This structure provides continuity in legal oversight while limiting incremental cost and tying final severance to standard release terms.
8-K Event Classification
Key Figures
Key Terms
Transition and General Release Agreement financial
Special Advisor financial
target bonus financial
equity awards financial
FAQ
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What leadership change did Agilent (A) disclose in this 8-K filing?
When will Bret DiMarco step down as Agilent (A) Chief Legal Officer?
What is Bret DiMarco’s compensation as Special Advisor at Agilent (A)?
Does Bret DiMarco receive a severance payment from Agilent (A)?
How long will Bret DiMarco remain with Agilent (A) after resigning his officer roles?
Where can investors see the full terms of Agilent’s transition agreement with Bret DiMarco?
AI-generated analysis. How Rhea-AI works. Not financial advice.