secwatch.observer — SEC 8-K summary
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Issuer:     ENVIRI Corp (NVRI)
CIK:        0000045876
Form:       8-K
Filed at:   2023-07-14T23:59:59+00:00
Accession:  0000045876-23-000042
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

COO of Harsco Environmental to depart Sept 1, 2023; separation agreements provide $300K ex gratia, 15 months salary
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- Albert Russell Mitchell Jr.'s service as COO of Harsco Environmental ends effective September 1, 2023.
- Ex gratia payment of $300K: $50K within 15 days of separation, $250K after January 15, 2024, subject to releases.
- Salary payment of $542,985 paid in installments over 15 months; health benefits through August 31, 2024.
- Outplacement services up to $10,500; relocation benefits conditioned on moving to U.S. by May 31, 2024.
- Agreements include release of claims, 18-month non-solicitation covenant, and UK legal fee contribution up to £13,000.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/45876/000004587623000042/0000045876-23-000042-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/45876/000004587623000042/hsc-20230711.htm
  HTML page:      https://secwatch.observer/filing/0000045876-23-000042

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer