secwatch.observer — SEC 8-K summary
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Issuer:     INTERFACE INC (TILE)
CIK:        0000715787
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0000715787-22-000009
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Interface appoints Laurel Hurd as President and CEO effective April 18, 2022
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- Laurel Hurd, former Newell Brands segment president, named President and CEO, effective April 18, 2022.
- Hurd succeeds Daniel Hendrix, who becomes non-executive Chairman of the Board.
- Hurd's base salary set at $825,000 per year; bonus target 125% of salary; first-year equity grant valued at $3.67 million.
- Hurd will also be appointed to the Board of Directors, anticipated at May 17, 2022 meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/715787/000071578722000009/0000715787-22-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/715787/000071578722000009/tile-20220303.htm
  HTML page:      https://secwatch.observer/filing/0000715787-22-000009

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