Enerpac Tool Group adds Charles T. Lauber to board
Lauber also serves on H.B. Fuller Company's board, including its Audit Committee and Personnel & Compensation Committee.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
8-K
Rhea-AI Filing Summary
Enerpac Tool Group Corp. (EPAC) expanded its Board from eight to nine directors and elected Charles T. Lauber effective October 8, 2026. The Board determined Lauber is independent under applicable NYSE and SEC rules and appointed him to its Audit Committee and Talent Development and Compensation Committee. He will receive compensation consistent with other non-employee directors, and Enerpac intends to enter into an indemnification agreement with him.
Lauber has more than 40 years of finance and related experience. Before retiring earlier in 2026, he served as executive vice president and chief financial officer of A. O. Smith from 2019 to 2026, following a 27-year career there. He also spent 15 years at Ernst & Young before joining A. O. Smith in 1999.
8-K Event Classification
3 items: 5.02, 7.01, 9.01
3 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Board size: 8 to 9 directors
Finance and related experience: More than 40 years
A. O. Smith career: 27 years
+2 more
5 metrics
Board size
8 to 9 directors
Expansion effective October 8, 2026
Finance and related experience
More than 40 years
Charles T. Lauber
A. O. Smith career
27 years
Lauber's career with the company
Ernst & Young tenure
15 years
Before joining A. O. Smith in 1999
A. O. Smith CFO tenure
2019 to 2026
Executive vice president and chief financial officer
Key Terms
Indemnification Agreement, capital allocation, enterprise risk management, non-employee directors
4 terms
Indemnification Agreement regulatory
"intends to enter into an Indemnification Agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.
capital allocation financial
"expertise in financial oversight, capital allocation"
Capital allocation is the process of deciding how a company or individual uses their money to grow, pay bills, save, or invest. It matters because good decisions can help build wealth and ensure resources are used wisely, while poor choices can limit growth or cause financial problems. Think of it like managing your allowance—deciding whether to spend, save, or invest to meet your goals.
enterprise risk management technical
"executive compensation, enterprise risk management"
Enterprise Risk Management is a process companies use to identify, assess, and prepare for potential problems that could disrupt their success, like financial losses or reputation damage. It’s like a safety plan that helps a business stay strong and adapt quickly when unexpected challenges come up. This helps the company protect its future and keep running smoothly.
non-employee directors regulatory
"compensation of the Company consistent with that paid to other non-employee directors"
Non-employee directors are board members who do not work for the company as salaried employees and usually do not hold day-to-day management roles. They act like outside referees or independent coaches, providing oversight, asking tough questions, and protecting shareholders’ interests; investors care because these directors help ensure management is accountable, reduce conflicts of interest, and influence decisions that affect company strategy and long-term value.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is EPAC's new director?
Charles T. Lauber was elected to the EPAC Board effective October 8, 2026. He previously served as executive vice president and chief financial officer of A. O. Smith from 2019 to 2026, following a 27-year career there, and has more than 40 years of finance and related experience.
What other board does Charles T. Lauber serve on?
Lauber serves on the board of H.B. Fuller Company, where he is a member of the Audit Committee and the Personnel & Compensation Committee.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): October 8, 2026
(Exact name of Registrant, as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||
Mailing address: P.O. Box 3241, Milwaukee, Wisconsin 53201
(Address of principal executive offices) (Zip code)
Registrant’s telephone number, including area code: (262 ) 293-1500
Former name or address, if changed since last report:
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | |||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On October 8, 2026, the Board of Directors (the “Board”) of Enerpac Tool Group Corp. (the “Company”) adopted resolutions expanding the size of the Board from eight to nine and elected Charles T. Lauber as a director to fill the vacancy created by the expansion in the size of the Board. The Board has determined, consistent with the recommendation of its Governance and Sustainability Committee, that Mr. Lauber is independent in accordance with the applicable rules of the New York Stock Exchange and the Securities and Exchange Commission. The Board appointed Mr. Lauber to serve as a member of its Audit Committee and Talent Development and Compensation Committee.
Mr. Lauber will receive compensation as a director of the Company consistent with that paid to other non-employee directors of the Company, the current compensation of which is described on page 46 of the Company’s definitive proxy statement for its annual meeting of shareholders held on February 4, 2026, which description is incorporated herein by reference. The Company intends to enter into an Indemnification Agreement with Mr. Lauber in the form filed as Exhibit 10.1 to the Company’s Form 10‑K for the fiscal year ended August 31, 2025.
Item 7.01 Regulation FD Disclosure
On October 8, 2026, the Company issued a press release announcing the election of Mr. Lauber as a director, which is furnished as Exhibit 99.1 hereto and is incorporated by reference herein.
The information set forth in this Item 7.01 and in Exhibit 99.1 is “furnished” under Item 7.01 of Form 8-K. Such information shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.
Item 9.01 Exhibits
(d) Exhibits
| Exhibit No. | Description | |||||||
99.1 | Press release dated October 8, 2026 | |||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: October 9, 2026 | ||||||||
| ENERPAC TOOL GROUP CORP. | ||||||||
| By: | /s/ Noah Popp | |||||||
| Noah Popp | ||||||||
| Executive Vice President, General Counsel, and Secretary | ||||||||
648 N. Plankinton Avenue Milwaukee, WI 53203 Contact: Christian Audi Sr. Director, Investor Relations 914 771 1770 Immediate Release ENERPAC TOOL GROUP ELECTS CHARLES T. LAUBER AS NEW DIRECTOR MILWAUKEE, WI, October 8, 2026 – Enerpac Tool Group Corp. (NYSE: EPAC) (the “Company” or “Enerpac”) announced today that the Board of Directors is expanding the size of the Board from eight to nine directors and has elected Charles T. Lauber to its Board effective today. Mr. Lauber is a seasoned finance executive with more than 40 years of experience in finance, corporate strategy, mergers and acquisitions, investor relations, capital allocation, and global operations. Prior to his retirement earlier this year, Mr. Lauber served as Executive Vice President and Chief Financial Officer of A. O. Smith from 2019 to 2026, overseeing the company's global financial operations and helping shape its long-term growth strategy during a distinguished 27- year career with the company. Before joining A. O. Smith in 1999, Mr. Lauber spent 15 years with Ernst & Young LLP, where he advanced to Senior Manager and advised public and private companies on accounting, audit, tax, and financial reporting matters. Mr. Lauber currently serves on the Board of Directors of H.B. Fuller Company (NYSE: FUL), where he is a member of the Audit Committee and the Personnel & Compensation Committee. He brings extensive expertise in financial oversight, capital allocation, mergers and acquisitions, strategic planning, investor relations, executive compensation, enterprise risk management, and public company governance. He earned a bachelor's degree in accounting from University of Wisconsin-Whitewater and an MBA from the Kellogg School of Management at Northwestern University. Commenting on the announcement, Jim Ferland, Enerpac Tool Group’s Chairman, said, “Chuck’s extensive financial leadership, strategic insight, and public company governance experience will be a tremendous asset to our Board of Directors. We are pleased to welcome him and look forward to the contributions he will make to the company’s continued success.” Mr. Lauber added, “I am honored to join the Enerpac Tool Group Board of Directors and look forward to working with my fellow directors and the management team. Enerpac has built a strong reputation in heavy industrial tools, services and solutions, along with a compelling business platform, and I am excited to contribute my experience to support its continued growth and long-term success.” About Enerpac Tool Group Enerpac Tool Group Corp. is a premier industrial tools, services, technology, and solutions provider serving a broad and diverse set of customers and end markets for mission-critical applications in more than 100 countries. The Company makes complex, often hazardous jobs possible safely and efficiently. Enerpac Tool Group’s businesses are global leaders in high pressure hydraulic tools, controlled force products, and solutions for precise positioning of heavy loads that help customers safely and reliably tackle some of the most challenging jobs around the world. The Company was founded in 1910 and is headquartered in Milwaukee, Exhibit 99.1
Wisconsin. Enerpac Tool Group common stock trades on the NYSE under the symbol EPAC. For further information on Enerpac Tool Group and its businesses, visit the Company's website at www.enerpactoolgroup.com.