Trimble Appoints Kenneth Bement as New Chief Accounting Officer

Trimble Inc. announces leadership transition with Julie Shepard retiring as Chief Accounting Officer in early 2026. Kenneth Bement, with over two decades of experience in financial reporting and accounting operations, is appointed as the new Chief Accounting Officer effective September 2, 2025. Bement's annual base salary is $400,000, and he will receive a one-time cash bonus of $200,000 for 2025. He will also participate in Trimble's long-term incentive plans and the Age and Service Equity Vesting Program.

Trimble Inc. (NASDAQ: TRMB) has announced significant leadership changes within its financial team. Julie Shepard, the current Chief Accounting Officer (CAO), will retire in early 2026 after more than 18 years of service. In her place, Kenneth Bement has been appointed as the new CAO, effective September 2025. Julie and Kenny will work together for the next six to eight months to ensure a seamless transition [1].

Kenny Bement brings over two decades of experience in financial reporting, accounting operations, finance transformation, and internal controls. He has held senior roles at prominent global technology companies such as Alphabet and Raytheon Technologies. Most recently, he served as CAO at Conservice, Gopuff, and Ancestry [2].

Bement's annual base salary is $400,000, with a one-time cash bonus of $200,000 for 2025. He will also receive $1,000,000 in restricted stock units upon hiring and another $1,000,000 upon completing his relocation to Westminster, Colorado. These awards will vest over a three-year period. Additionally, Bement will participate in Trimble's long-term incentive plans and the Age and Service Equity Vesting Program [3].

Phil Sawarynski, CFO at Trimble, expressed gratitude for Julie's contributions and excitement for Bement's appointment. "Her leadership and dedication have left an imprint on the company, including the significant role she played in implementing our migration from perpetual to subscription licensing models. I am excited for Jim and Kenny to join the team and continue our efforts to simplify and focus the company to deliver on our Connect and Scale strategy" [1].

Trimble is a global technology company that connects the physical and digital worlds, transforming the ways work gets done. With relentless innovation in precise positioning, modeling, and data analytics, Trimble enables essential industries such as construction, geospatial, and transportation [1].

References:
[1] https://www.prnewswire.com/news-releases/trimble-announces-executive-level-leadership-changes-302531388.html
[2] https://seekingalpha.com/news/4486441-trimble-appoints-kenny-bement-as-new-cao
[3] https://www.gurufocus.com/news/3067282/trimble-inc-trmb-announces-leadership-transition-with-new-chief-accounting-officer-appointment