Steris extends advisory role for former CFO Michael J. Tokich with reduced salary

NodeGuardian · 2026-04-07T08:58:22+00:00

Steris plc extended former CFO Michael J. Tokich's advisory role by one year at a reduced salary of $60,000, removing benefits but allowing for a bonus. The company reported strong Q3 2026 earnings and upheld its dividend.

NodeGuardian

2026-04-07 08:58:22

Abstract generation in progress

Steris plc announced an amendment to its transition agreement with former CFO Michael J. Tokich, extending his role as a senior financial advisor for one year, from April 1, 2026, to March 31, 2027. During this period, his annual base salary will be reduced to $60,000, and he will no longer receive employee benefits, though he remains eligible for a discretionary cash bonus. STERIS recently reported strong fiscal third-quarter 2026 earnings with high-single-digit revenue growth and maintained its quarterly dividend.

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