UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Appointment of Chief Accounting Officer
Effective October 5, 2026, Fortrea Holdings Inc. (the “Company”) appointed Carrie Russell as its Chief Accounting Officer. Ms. Russell has served as the Company’s interim Chief Accounting Officer and interim principal accounting officer since August 7, 2026, while continuing in her role as Vice President of Accounting. She will continue to serve as the Company’s principal accounting officer. Biographical information regarding Ms. Russell is included in the Company’s Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on July 14, 2026, and is incorporated herein by reference.
In connection with Ms. Russell’s appointment as Chief Accounting Officer, the Company entered into employment arrangements with Ms. Russell that are substantially consistent with those applicable to its other executive officers. Ms. Russell’s compensation package includes an annual base salary of $340,000 and an annual incentive bonus target at 40% of base salary. In addition, Ms. Russell will be eligible to receive annual long-term incentive awards in the form of performance stock units and restricted stock units under the Company’s 2023 Omnibus Incentive Plan, a copy of which was filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on February 26, 2026. Ms. Russell is also eligible to participate in the Company’s other benefit plans and programs as described in the Company’s Definitive Proxy Statement for the 2026 Annual Meeting of Stockholders filed on Schedule 14A with the SEC on April 27, 2026.
There are no arrangements or understandings between Ms. Russell and any other person pursuant to which she was appointed as principal accounting officer and Chief Accounting Officer of the Company, and she is not a party to, nor does she have any direct or indirect material interest in, any transaction requiring disclosure under Item 404(a) of Regulation S-K. She does not have any family relations with any directors or executive officers of the Company.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Fortrea Holdings Inc. | ||||||||
By: | /s/ Agnieszka M. Gallagher | |||||||
| Name: Agnieszka M. Gallagher | ||||||||
| Title: General Counsel and Secretary | ||||||||
Date: September 30, 2026