Masco reaches retirement agreement with former Group President Richard O'Reagan

MASCO CORP /DE/

O'Reagan retired June 30, 2023; agreement dated July 7, 2023 details post-employment compensation.
Entitled to prorated 2023 cash bonus based on individual target and company performance.
Prorated 2023 RSU cash equivalent and awards under 2021-2023, 2022-2024, and 2023-2025 LTIPs if goals met.
Unvested pre-2020 restricted stock awards vest; vested stock options exercisable for 90 days.
Agreement covers only compensation; no non-compete or additional consulting disclosed.

item 5.02

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Departed

Richard O'Reagan

Group President-Plumbing Products

MAS · MASCO CORP /DE/

Effective: 2023-06-30
Filed: July 12, 2023, 7:59 PM ET

Masco Corporation (the “Company”) entered into an agreement dated July 7, 2023 with Richard O’Reagan, the Company’s former Group President-Plumbing Products, in connection with his previously announced retirement from the Company on June 30, 2023.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Richard O'Reagan retired as Group President-Plumbing Products at MASCO CORP /DE/.

Action: retired
Role: Group President-Plumbing Products

Exact text from the filing

Masco Corporation (the “Company”) entered into an agreement dated July 7, 2023 with Richard O’Reagan, the Company’s former Group President-Plumbing Products, in connection with his previously announced retirement from the Company on June 30, 2023.

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Source: SEC EDGAR

accession 0000062996-23-000028

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