ROPER TECHNOLOGIES, INC. (NYSE:ROP) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Roper Technologies, Inc. (the “Company”) previously announced the retirement of David B. Liner from the position of Vice President, General Counsel and Secretary, effective June 2016, with an expected transition role through 2017. The Company and Mr. Liner have entered into a Retirement Agreement and General Release dated November 18, 2016 (the “Retirement Agreement”), to which Mr. Liner has agreed to remain employed by the Company in a non-executive capacity through January 2018. Until his retirement in January 2018, he will receive a reduced salary of $32,143 per month and receive other customary employee benefits. The Retirement Agreement includes a general release of claims by Mr. Liner and covenants not to compete or solicit Company employees through the date that is one year after his retirement.
Item 9.01 Financial Statements and Exhibits.
Exhibit 10.1 Retirement Agreement and General Release dated November 18, 2016 with David Liner
About ROPER TECHNOLOGIES, INC. (NYSE:ROP)
Roper Technologies, Inc., formerly Roper Industries, Inc., is a technology company. The Company operates businesses that design and develop software and engineered products and solutions for a range of end markets, including healthcare, transportation, food, energy, water, education and academic research. It operates through four segments. The Medical and Scientific Imaging segment offers products and software in medical applications and high performance digital imaging products. The RF Technology segment provides radio frequency identification communication technology and software solutions. The Industrial Technology segment offerings include fluid handling pumps, materials analysis equipment and consumables, and leak testing equipment. The Energy Systems and Controls segment’s products include control systems, equipment and consumables for fluid properties testing, vibration sensors and other non-destructive inspection and measurement products and services. ROPER TECHNOLOGIES, INC. (NYSE:ROP) Recent Trading Information
ROPER TECHNOLOGIES, INC. (NYSE:ROP) closed its last trading session up +0.43 at 184.20 with 582,367 shares trading hands.