Company Leadership Changes - Trimble announced the retirement of Chief Accounting Officer (CAO) Julie Shepard in early 2026 after over 18 years of service, with Kenny Bement appointed as the new CAO effective September 2025 [1] - Julie Shepard and Kenny Bement will collaborate for six to eight months to ensure a smooth transition, with Shepard continuing to support the auditor transition for the 2025 financial statements [1] New Appointments - Kenny Bement brings over two decades of experience in financial reporting, controls, compliance, and finance operations, having previously served as CAO for multiple companies and worked at the Financial Accounting Standards Board [2] - Jim Palermo has been hired as Chief Information Officer (CIO), a newly created position aimed at enhancing IT infrastructure to support Trimble's digital transformation efforts [3] Strategic Focus - The company aims to simplify and focus its operations to deliver on its "Connect and Scale" strategy, with leadership changes expected to support this initiative [4] - Phil Sawarynski, CFO at Trimble, acknowledged Julie Shepard's significant contributions, particularly in transitioning to subscription licensing models [4] Company Overview - Trimble is a global technology company that integrates the physical and digital worlds, driving innovation in various essential industries such as construction, geospatial, and transportation [5]
Trimble Announces Executive-Level Leadership Changes