Mirion Technologies enters expatriation agreement with President Loïc Eloy
On July 2, 2026, Mirion Technologies, Inc. entered into a letter agreement and secondment addendum with Loïc Eloy, President of the Nuclear & Safety Group, for his expatriation from France to the United States.
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Eloy will continue to report to CEO Thomas D. Logan during the assignment.
He will receive an annual base salary of USD 415,000 and remain eligible for the annual executive bonus program with a target bonus of 50% of base salary.
The company will provide customary expatriation benefits including housing, relocation, education, travel, tax, and social protection.
The assignment is expected to start after required work authorization and last an initial 12 months, extendable by mutual agreement up to 36 months total.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Mirion Q1 2026 revenue up 27.5% to $257.6M; GAAP net loss $3.4M
First quarter 2026 revenues increased 27.5% to $257.6 million from $202.0 million in the prior-year period.
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GAAP net loss was $3.4 million, compared to GAAP net income of $0.4 million in Q1 2025; Adjusted EBITDA rose 16.3% to $54.3 million.
GAAP net loss per share was $0.01, versus earnings per share of $0.00 a year ago; adjusted EPS was $0.10, flat year over year.
Orders excluding Paragon and Certrec acquisitions were $241 million, up 19%; including those acquisitions, orders were $288 million, up 42%.
The company reaffirmed 2026 guidance for revenue growth, organic revenue growth, Adjusted EBITDA, and Adjusted Free Cash Flow, but revised Adjusted EPS guidance to $0.48–$0.55 per share due to a CEO retention grant.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
Mirion grants CEO Thomas Logan 2.5M performance stock options
On April 9, 2026, Mirion Technologies' Board approved a special one-time grant of 2,500,000 performance vesting stock options to Founder, Chairman and CEO Thomas Logan.
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The options have a seven-year term and vest based on continued service and relative total shareholder return versus the Russell 2000 (ex-financials and insurance) over two equally weighted three- and four-year performance periods.
Vested shares are subject to a one-year holding period after each vesting date.
Payout ranges from 0% to 150% of target depending on relative TSR performance, with no payout below the 60th percentile threshold.
The award is designed to incentivize and retain Logan and aligns with long-term shareholder interests; non-cash charges will be reflected in next earnings guidance.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 9.01 Financial Statements and Exhibits
Mirion refinances all outstanding term loans with new $450M tranche due 2032
On December 8, 2025, Mirion entered into Amendment No. 6 to its Credit Agreement, adding a $450 million Replacement Term Loan tranche maturing June 5, 2032.
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Proceeds from the new tranche, along with other cash sources, refinanced all previously outstanding term loans under the Credit Agreement.
The Replacement Term Loans carry an Applicable Margin of 2.00% for Term SOFR loans and 1.00% for ABR loans, with a 25 basis point reduction upon achieving Ba3/BB- corporate ratings from Moody's and S&P.
The new loans have a 0.00% SOFR credit spread adjustment and a 0.00% SOFR floor, and are subject to a 1% prepayment premium if repriced within six months.
The amendment was made among Mirion IntermediateCo, Inc., the Borrowers, other credit parties, lending institutions, and Citibank, N.A. as administrative and collateral agent.
1.01 Entry into a Material Definitive Agreement · 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement · 9.01 Financial Statements and Exhibits
Mirion Technologies completes acquisition of Paragon Energy Solutions
On December 1, 2025, Mirion Technologies, Inc. completed its previously announced acquisition of all outstanding membership interests of WCI-Gigawatt Intermediate Holdco, LLC.
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WCI-Gigawatt Intermediate Holdco, LLC is the indirect parent of Paragon Energy Solutions, LLC.
The acquisition was reported under Item 8.01 (Other Events) and Item 9.01 (Financial Statements and Exhibits).
The report was signed by Chief Financial Officer Brian Schopfer on December 1, 2025.
8.01 Other Events · 9.01 Financial Statements and Exhibits