Short answer
GRAHAM CORP (GHM) filed an 8-K current report with the SEC on June 17, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). Executive Chairman Daniel Thoren resigned as director and Executive Chairman effective June 15, 2026.
GRAHAM CORP 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Executive Chairman Daniel Thoren resigned as director and Executive Chairman effective June 15, 2026
- Thoren transitions to Strategic Advisor through June 15, 2027, preserving leadership knowledge during succession
- Thoren receives $150,000 annual salary, benefits and continued PSU and RSU vesting without incentive-plan eligibility
- Former Graham Manufacturing head Alan Smith also transitions to Strategic Advisor at $150,000 annually
- Two senior departures increase near-term transition costs but formalize operational knowledge transfer to successors
Item 7.01 · Regulation FD Disclosure
- Jonathan W. Painter appointed Chairman of Graham Corporation’s Board
- Mr. Thoren transitioning from his current role
- Leadership change may affect board oversight and strategic direction
Item EX-99.1 · Exhibit EX-99.1
- Jonathan W. Painter reassumed Chairman effective June 15, 2026, restoring leadership continuity after the planned succession
- Daniel J. Thoren retired as Executive Chairman and director, reducing board size from eight to seven directors
- Thoren remains Strategic Advisor through June 2027, preserving his business-development support during the transition
- CEO Matthew J. Malone remains in place after assuming leadership in June 2025, limiting near-term management disruption
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