nVent Electric names new chief accounting officer

nVent Electric plc announced an upcoming leadership change in its finance organization.

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Form Type

8-K

Rhea-AI Filing Summary

nVent Electric plc announced an upcoming leadership change in its finance organization. Senior Vice President, Chief Accounting Officer and Treasurer Randolph A. Wacker notified the company that he intends to retire effective September 1, 2026. The Board has appointed Tyler Krutzig as Senior Vice President and Chief Accounting Officer, also effective September 1, 2026.

Krutzig, age 39, has served as the company’s Assistant Corporate Controller since 2019, after prior roles at Pentair plc and Deloitte & Touche LLP. In connection with his new role, he will receive a Key Executive Employment and Severance Agreement in the same form used for other executive officers, which may provide severance and other benefits after a change in control if he is terminated without cause or resigns for good reason.

8-K Event Classification

2 items: 5.02, 9.01

2 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 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Retirement effective date: September 1, 2026 Appointment effective date: September 1, 2026 Age of new CAO: 39 years +3 more

6 metrics

Retirement effective date September 1, 2026 Retirement of Randolph A. Wacker

Appointment effective date September 1, 2026 Start of Tyler Krutzig as SVP and CAO

Age of new CAO 39 years Age of Tyler Krutzig at appointment

Service at nVent Since 2019 Assistant Corporate Controller tenure

Prior Pentair tenure 2016 to 2018 Corporate controlling and external reporting roles

Prior Deloitte tenure 2008 to 2016 Audit practice positions

Key Terms

Key Executive Employment and Severance Agreement, change in control, good reason, cause, +2 more

6 terms

Key Executive Employment and Severance Agreement financial

"In connection with Mr. Krutzig being appointed ... he will receive a Key Executive Employment and Severance Agreement"

change in control financial

"benefits following a “change in control” (as defined in the KEESA) of the Company"

A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.

good reason financial

"or if Mr. Krutzig terminates his employment for conditions that constitute “good reason” (as defined in the KEESA)"

cause financial

"if Mr. Krutzig is involuntarily terminated, other than for disability or “cause” (as defined in the KEESA)"

Emerging growth company regulatory

"or Rule 12b-2 of the Securities Exchange Act of 1934 ... Emerging growth company"

An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.

Shell Company Transactions regulatory

"(c) | Shell Company Transactions | | Not applicable."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What executive leadership change did nVent Electric (NVT) disclose?

nVent Electric disclosed that Senior Vice President, Chief Accounting Officer and Treasurer Randolph A. Wacker intends to retire effective September 1, 2026. The Board appointed Tyler Krutzig as Senior Vice President and Chief Accounting Officer effective the same date, ensuring continuity in the company’s accounting leadership.

Who is Tyler Krutzig, the new Chief Accounting Officer at nVent Electric (NVT)?

Tyler Krutzig, age 39, has served as nVent Electric’s Assistant Corporate Controller since 2019. Before joining nVent, he held corporate controlling and external reporting roles at Pentair plc from 2016 to 2018, and various audit positions at Deloitte & Touche LLP from 2008 to 2016.

When will the leadership transition in nVent Electric’s accounting function take effect?

Both Randolph A. Wacker’s retirement and Tyler Krutzig’s appointment as Senior Vice President and Chief Accounting Officer are effective September 1, 2026. This coordinated effective date provides a clear timeline for the transition and allows the company to manage succession in its accounting leadership.

What is the KEESA that nVent Electric (NVT) is granting to Tyler Krutzig?

The Key Executive Employment and Severance Agreement (KEESA) is an agreement in the same form used for other nVent executive officers. It may provide severance and other benefits after a change in control if Krutzig is involuntarily terminated without cause or resigns for conditions constituting good reason.

Under what conditions could Tyler Krutzig receive severance benefits at nVent Electric?

Under the KEESA, Krutzig could receive severance and other benefits following a change in control if he is involuntarily terminated other than for disability or cause, or if he terminates his employment for conditions that constitute good reason, as those terms are defined in the agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 06/17/2026 - 04:15 PM EDT

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): June 11, 2026

nVent Electric plc

(Exact name of Registrant as specified in its charter)

Ireland		001-38265		98-1391970
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

The Mille, 1000 Great West Road, 8th Floor (East), London, TW8 9DW, United Kingdom

(Address of principal executive offices)

Registrant's telephone number, including area code: 44-20-3966-0279

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:

¨	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
Ordinary Shares, nominal value $0.01 per share	NVT	New York Stock Exchange

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 June 11, 2026, Randolph A. Wacker, Senior Vice President, Chief Accounting Officer and Treasurer of nVent Electric plc (the “Company”) notified the Company that he intends to retire effective September 1, 2026. On June 12, 2026, the Board of Directors of the Company appointed Tyler Krutzig as Senior Vice President and Chief Accounting Officer of the Company effective September 1, 2026.

Mr. Krutzig, age 39, has served as the Assistant Corporate Controller of the Company since 2019. Prior to joining the Company, he served in corporate controlling and external reporting roles at Pentair plc from 2016 to 2018. Mr. Krutzig also previously held various positions in the audit practice of Deloitte & Touche LLP from 2008 to 2016.

In connection with Mr. Krutzig being appointed Senior Vice President and Chief Accounting Officer, Mr. Krutzig will receive a Key Executive Employment and Severance Agreement (the “KEESA”) upon the effective date of his appointment as Senior Vice President and Chief Accounting Officer of the Company in the same form applicable for other executive officers of the Company. The KEESA will provide that Mr. Krutzig could be entitled to certain severance and other benefits following a “change in control” (as defined in the KEESA) of the Company if Mr. Krutzig is involuntarily terminated, other than for disability or “cause” (as defined in the KEESA), or if Mr. Krutzig terminates his employment for conditions that constitute “good reason” (as defined in the KEESA). The foregoing description of the KEESA is qualified in its entirety by reference to the full text of the KEESA, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits

(a)	Financial Statements of Businesses or Funds Acquired
	Not applicable.
(b)	Pro Forma Financial Information
	Not applicable.
(c)	Shell Company Transactions
	Not applicable.
(d)	Exhibits

EXHIBIT INDEX

Exhibit		Description
10.1		Form of Key Executive Employment and Severance Agreement for Tyler Krutzig (incorporated by reference to Exhibit 10.24 in the Annual Report on Form 10-K of nVent Electric plc filed with the Commission on February 20, 2024 (file No. 001-38265)).

104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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, thereunto duly authorized, on June 17, 2026.

	nVent Electric plc
	Registrant

	By	/s/ Gary L. Corona
		Gary L. Corona
		Executive Vice President and Chief Financial Officer

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

3 documents