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EMERSON ELECTRIC CO

For the period ended Sep 30, 2024. Filed Nov 12, 2024.

View on SEC.gov

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Nov 12, 2024

EMR$167.54-1.2%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Item 4. MINE SAFETY DISCLOSURES

INFORMATION ABOUT OUR EXECUTIVE OFFICERS

The following sets forth certain information as of November 12, 2024, with respect to the Company's executive officers. These officers have been elected or appointed to terms which expire February 4, 2025:

NamePositionAgeYear First Appointed an Executive Officer
S. L. KarsanbhaiPresident and Chief Executive Officer552018
R. R. KrishnanExecutive Vice President and Chief Operating Officer532021
M. J. BaughmanExecutive Vice President, Chief Financial Officer and Chief Accounting Officer592018
M. H. TrainSenior Vice President and Chief Sustainability Officer622016
L. A. FlavinSenior Vice President, Chief Transformation and Chief Compliance Officer592021
P. ZornioSenior Vice President and Chief Technology Officer612022
V. RamnathSenior Vice President and Chief Marketing Officer572023
N. PiazzaSenior Vice President and Chief People Officer462023
M. TangSenior Vice President, Chief Legal Officer502024

There are no family relationships among any of the executive officers and directors.

Lal Karsanbhai has been Chief Executive Officer since February 2021 and President since March 2021. Prior to his current position, Mr. Karsanbhai was Executive President - Automation Solutions from October 2018 through January 2021, President - Measurement & Analytical from 2016 through September 2018, and President Emerson Network Power Europe, Middle East & Africa from 2014 through 2016.

Ram R. Krishnan was appointed Executive Vice President and Chief Operating Officer in February 2021. Prior to his current position, Mr. Krishnan was President Final Control from November 2017 to February 2021, Chief Operating Officer Final Control from January 2017 to November 2017, and President Flow Solutions from 2016 through January 2017.

Michael J. Baughman was appointed Executive Vice President and Chief Financial Officer in May 2023, and Chief Accounting Officer in February 2018. Prior to his current position, Mr. Baughman was named Vice President and Controller in October 2017. Prior to that Mr. Baughman was Vice President, Finance, Global Operations, Quality, and Research and Development of Baxter International Inc., a global healthcare products company, from 2015 through September 2017, and Vice President, Finance, Medical Products of Baxter from 2013 to 2015.

Michael H. Train was appointed Senior Vice President and Chief Sustainability Officer in March 2021. Prior to his current position, Mr. Train was President from October 2018 to March 2021 and Executive President -Automation Solutions from October 2016 through October 2018, Executive Vice President - Automation Solutions from May 2016 through October 2016 and President of Global Sales for Emerson Process Management from 2010 through May 2016.

Lisa A. Flavin was appointed Senior Vice President and Chief Compliance Officer in March 2021, and assumed the additional role of Chief Transformation Officer in 2023. Prior to her current position, Ms. Flavin was Vice President and Chief Compliance Officer from February 2019 through March 2021 and Vice President, Audit and Chief Compliance Officer from February 2015 through February 2019.

Peter Zornio was appointed Senior Vice President and Chief Technology Officer in December 2022. Prior to his current position, Mr. Zornio was the Chief Technology Officer for the Automation Solutions Group from June 2017 to December 2022 and Chief Strategy Officer for Automation Solutions – Systems and Solutions from June 2006 to June 2017.

Vidya Ramnath was appointed to Senior Vice President and Chief Marketing Officer in June 2023. Prior to her current position, Ms. Ramnath was President of Middle East & Africa from 2019 through June 2023 and Vice President of Asia Pacific for Measurement & Analytical from 2017 through 2019.

Nick Piazza was appointed Senior Vice President and Chief People Officer in August 2023. Prior to his current position, Mr. Piazza was Vice President of Global Talent and Human Resource Operations from August 2021 through July 2023, and Vice President of Human Resources in Asia-Pacific for the company’s Automation Solutions business from July 2017 through July 2021.

Michael Tang was appointed Senior Vice President, Secretary and Chief Legal Officer in January 2024. Prior to his current position, Mr. Tang was Senior Vice President, General Counsel and Secretary of Agilent Technologies, Inc. Mr. Tang had been with Agilent Technologies since 2006, holding numerous roles of increasing responsibility.

INFORMATION ABOUT OUR DIRECTORS

The following sets forth certain information about the Company's Board of Directors as of November 12, 2024.

NameCurrent or Former PositionCompany
James S. TurleyChair of the Emerson Board, and Retired Chairman and CEOErnst & Young
Mark A. BlinnFormer CEO, President and DirectorFlowserve Corporation
Joshua B. BoltenCEOBusiness Roundtable
Calvin G. ButlerPresident and CEOExelon
Martin S. CraigheadFormer Chairman, President and CEOBaker Hughes
William H. Easter IIIFormer Chairman, President and CEODCM Midstream LLC
Gloria A. FlachRetired Corporate Vice President and Chief Operating OfficerNorthrop Grumman
Lal KarsanbhaiPresident and CEOEmerson
Lori M. LeeCEO, AT&T Latin America and Global Marketing OfficerAT&T Inc.
Matthew S. LevatichRetired President and CEOHarley-Davidson, Inc.
Leticia Goncalves LourencoPresident, Precision Fermentation and ADM VenturesArcher Daniels Midland Company
James M. McKelveyCo-Founder, Block (formerly Square), Founder, Invisibly, Inc., and General Partner, Fintop CapitalFintop Capital

Part II

Information regarding the market for the Company's common stock and dividend payments is set forth in Note 22 and is hereby incorporated by reference. There were approximately 14,500 stockholders of record at September 30, 2024.

PeriodTotal Number of Shares Purchased(000s)Average PricePaid per ShareTotal Number ofShares Purchasedas Part of PubliclyAnnounced Plansor Programs (000s)Maximum Number ofShares that May YetBe Purchased Underthe Plans orPrograms (000s)
July 2024—$——31,415
August 20241,964103.751,96429,451
September 2024559100.5455928,892
Total2,523$103.042,52328,892

In March 2020, the Board of Directors authorized the purchase of 60 million shares and a total of approximately 28.9 million shares remain available under the authorization.

Shareholder Return Performance Graph

The following graph compares the total return on a cumulative basis through September 30, 2024, assuming reinvestment of dividends, of $100 invested in Company common stock as of market close on September 30, 2019 to the S&P 500 Index and the S&P 500 Capital Goods Index. This graph is not deemed to be “filed” with the U.S. Securities and Exchange Commission or subject to the liabilities of Section 18 of the Securities Exchange Act of 1934 (the Exchange Act), and should not be deemed to be incorporated by reference into any of our prior or subsequent filings under the Securities Act of 1933 or the Exchange Act.

201920202021202220232024CAGR
Emerson10010114911815918413.0%
S&P 50010011515012715421016.0%
S&P 500 Capital Goods1009512810813920014.9%
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.