secwatch.observer — SEC 8-K summary
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Issuer:     LCI INDUSTRIES (LCII)
CIK:        0000763744
Form:       8-K
Filed at:   2025-06-09T23:59:59+00:00
Accession:  0000763744-25-000109
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EVP, Chief Legal & HR Officer Andrew Namenye resigns effective July 31, 2025; severance over $2.8M
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- Andrew Namenye voluntarily resigns as EVP, Chief Legal & HR Officer and Corporate Secretary, effective July 31, 2025.
- Severance includes $1.25M (2x base salary) and $887,418 (2x avg bonus) paid over 24 months, plus $662,500 incentive payout.
- All unvested restricted stock units (RSUs) will accelerate vesting on the separation date.
- Receives $15,000 COBRA lump sum and 6 months outplacement; agrees to mutual release and transition duties through July 31.
- Remains an employee during transition; duties reallocated to others before departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/763744/000076374425000109/0000763744-25-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/763744/000076374425000109/lcii-20250606.htm
  HTML page:      https://secwatch.observer/filing/0000763744-25-000109

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