Home Depot enters severance agreement with departing EVP of Merchandising Kinnaird

HOME DEPOT, INC.

Jeffery Kinnaird departed as EVP of Merchandising; severance includes $2M lump sum and 24 monthly payments of $62,500.
Accelerated vesting of 9,086 stock options and 2,873 RSUs (delivered on original schedule over two years).
Relocation benefits to Canada, $12,000 healthcare offset, 5 years tax prep, 12 months outplacement.
Non-compete and non-solicitation for 24 months; all other unvested equity forfeited; subject to release.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Jeffery Kinnaird

executive vice president of Merchandising

HD · HOME DEPOT, INC.

Filed: April 19, 2023, 7:59 PM ET

On April 17, 2023, The Home Depot, Inc. (the “Company”) and Jeffery Kinnaird, former executive vice president of Merchandising of the Company, entered into a severance agreement in connection with Mr. Kinnaird’s departure from the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery Kinnaird departed as executive vice president of Merchandising at HOME DEPOT, INC..

Action: departed
Role: executive vice president of Merchandising

Exact text from the filing

On April 17, 2023, The Home Depot, Inc. (the “Company”) and Jeffery Kinnaird, former executive vice president of Merchandising of the Company, entered into a severance agreement in connection with Mr. Kinnaird’s departure from the Company.

View on SEC.gov

HOME DEPOT, INC. filing history →

Source: SEC EDGAR

accession 0000354950-23-000106

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.