Trimble (NASDAQ: TRMB) recently announced changes in its executive-level leadership, with the retirement of Chief Accounting Officer (CAO) Julie Shepard in early 2026 after more than 18 years of service to Trimble shareholders. Kenny Bement has been named as the new CAO effective September 2025. Kenny brings over two decades of experience in financial reporting, controls, compliance, and finance operations excellence, having previously served as the CAO for several companies including Conservice, Vista Outdoor, Ancestry, and Gopuff, and in senior roles at Alphabet and Raytheon.
In addition to the changes in the CAO position, Trimble also announced the hiring of Jim Palermo as Chief Information Officer (CIO), a newly created position focused on delivering information technology (IT) infrastructure to support the company’s connect and scale digital transformation. Jim brings over two decades of IT leadership experience, having most recently served as CIO for Red Hat, where he managed large, global teams and led a significant software as a service (SaaS) business model transformation.
Phil Sawarynski, CFO at Trimble, expressed his gratitude to Julie for her significant contributions to the company over the past 18 years and her role in implementing the migration from perpetual to subscription licensing models. He also expressed excitement for Jim and Kenny to join the team and continue efforts to simplify and focus the company to deliver on its connect and scale strategy.
Trimble is a global technology company that connects the physical and digital worlds, with a focus on industries including construction, geospatial, and transportation.
It will be interesting to see how the new leadership changes impact Trimble's financial performance and strategic direction in the coming quarters. The market has reacted to these announcements by moving the company's shares -1.71% to a price of $82.24. For the full picture, make sure to review TRIMBLE INC.'s 8-K report.
