Clearfield, Inc. (CLFD) Form 8-K — Oct 20, 2026
$CLFDForm 8-KItems 5.02, 7.01, 9.01Filed Oct 20, 2026, 12:00 PM ET0001171843-26-006713Original filing
Clearfield (NASDAQ: CLFD) announced that longtime President and CEO Cheri Beranek will retire effective March 31, 2027. Beranek co-founded the company and has led it since 2008. Under a Transition Agreement dated October 15, 2026, Beranek will remain CEO until a successor is appointed, then serve as President and CEO Emeritus through the transition period. Her $483,000 base salary stays unchanged, and she receives an unprorated 2027 bonus opportunity equal to 100% of base salary.
Key figures
- Retirement date
- 2027-03-31
- Annual base salary usd
- 483000
- Transition agreement date
- 2026-10-15
- Transition bonus opportunity
- 100% of base salary
AI analysis
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