Lennox International, Inc.
LII Industrials Building Products & Equipment
Lennox International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.2 billion, down 2.73% from fiscal 2024.
- Revenue
- +10.2%
- EPS
- −8.27%
- Free cash flow
- +36.7%
- Total debt
- +36.4%
Quarter to September 2026, against a year earlier
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Lennox International, Inc. 8-K filed Nov 2, 2026
5.02 Departure or appointment of directors or officers; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits
What it says
Lennox reported that Joseph F. Nassab will retire as Executive Vice President & President, Building Climate Solutions on December 31, 2026, and become a Strategic Advisor. Geoffrey Dethlefsen will succeed him effective January 1, 2027. Nassab’s transition agreement runs through February 28, 2028, with an annual salary of $180,000.
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Nassab will continue participating in benefit plans and be eligible for continued vesting of outstanding equity awards. The agreement also includes post-advisory covenants.
The Transition Employment Agreement also includes confidentiality, non-competition, and non-solicitation covenants for 24 months following the termination of the Advisory Period.
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Dethlefsen joined Lennox in 2024. Before joining, he served as President of Hammerforce USA and President of Professional Grade Trailers.
Before joining Lennox, he served as President of Hammerforce USA and President of Professional Grade Trailers, a division of American Trailer World.
Red flags
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Officer departure
Lennox International, Inc. reported the departure of its Chief Executive Officer