Brady Corp settles with departing VP Pascal Deman for ~€719K in salary, bonus, and settlement

BRADY CORP

Pascal Deman resigned as VP General Manager – Workplace Safety; settlement agreement dated Oct 10, 2022.
Deman receives salary/fringe through Jan 4, 2023, plus €51,231 bonus and €667,933 settlement payment.
Settlement includes release of claims, non-disparagement, and confidentiality covenants.
Company confirms RSUs and NQSOs vested on Sept 30, 2022 per award agreements.

item 5.02 item 9.01

Executive movements

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Departed

Pascal Deman

Vice President, General Manager – Workplace Safety

BRC · BRADY CORP

Filed: October 11, 2022, 7:59 PM ET

Brady Corporation (the “Company”) announced the resignation of Pascal Deman from his position of Vice President, General Manager – Workplace Safety in the Company’s Current Report on Form 8-K filed on October 3, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Pascal Deman resigned as Vice President, General Manager – Workplace Safety at BRADY CORP.

Action: resigned
Role: Vice President, General Manager – Workplace Safety

Exact text from the filing

Brady Corporation (the “Company”) announced the resignation of Pascal Deman from his position of Vice President, General Manager – Workplace Safety in the Company’s Current Report on Form 8-K filed on October 3, 2022.

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BRADY CORP filing history →

Source: SEC EDGAR

accession 0000746598-22-000136

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