Research Reports

Key takeaways

Bret DiMarco resigns as SVP, Chief Legal Officer and Secretary upon earlier of new CLO start or September 30, 2026.

Serves as Special Advisor through December 1, 2026, with $350,000 annualized base salary.

Remains eligible for group health benefits and continued vesting of existing equity awards during advisory role.

No eligibility for new equity grants or 2026 fiscal year annual bonus.

Post-service lump sum severance equals current base salary ($685,000) plus target bonus ($513,750) minus Special Advisor salary paid.

Full analysis

The transition of Bret DiMarco, Agilent's top legal executive, ensures continuity through a structured handover to a potential new Chief Legal Officer while providing transitional advisory support until December 1, 2026. Compensation during the Special Advisor phase is reduced to a $350,000 annualized base from his current $685,000, reflecting lighter duties focused on onboarding assistance, with continued benefits and equity vesting to retain alignment. The severance structure incentivizes compliance via a substantial lump sum post-service, contingent on releases, signaling an amicable separation without disclosed disputes. This change in a key governance role may prompt investor attention to succession planning and interim legal leadership stability.

A · Agilent Technologies, Inc.

Summary

Key takeaways

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