secwatch.observer — SEC 8-K summary
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Issuer:     HAVERTY FURNITURE COMPANIES INC (HVT)
CIK:        0000216085
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0000216085-24-000014
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CIO J. Edward Clary to retire July 15, 2024; post-retirement consulting agreement for $250k
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- EVP and CIO J. Edward Clary announced retirement effective July 15, 2024; previously disclosed in March 8-K.
- Executed independent contractor agreement June 12, 2024 for transition services from July 16 to Dec 31, 2024.
- Agreement provides $250,000 total fee, paid in two $125,000 installments by Sept 30 and Dec 31, 2024.
- Contractor will provide IT support and transition services, remain independent contractor, not employee.
- Confidentiality obligations continue for five years post-term; trade secret protection indefinite.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/216085/000021608524000014/0000216085-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/216085/000021608524000014/hvt8k61324.htm
  HTML page:      https://secwatch.observer/filing/0000216085-24-000014

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