secwatch.observer — SEC 8-K summary
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Issuer:     TrueBlue, Inc. (TBI)
CIK:        0000768899
Form:       8-K
Filed at:   2023-10-10T23:59:59+00:00
Accession:  0000768899-23-000122
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TrueBlue promotes Carl Schweihs to CFO; Derrek Gafford departing after nearly two decades.
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- Carl Schweihs, current EVP & President of PeopleManagement, appointed CFO effective Oct 30, 2023.
- Derrek Gafford to leave after nearly 20 years; will advise through Dec 31, 2023.
- Schweihs compensation: base salary $550k, target bonus 75% of base, equity target 175% of base.
- Jerry Wimer named Acting President of PeopleManagement.
- Gafford severance: 18 months severance, accelerated vesting, COBRA paid for 24 months.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/0000768899-23-000122-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/768899/000076889923000122/tbi-20231005.htm
  HTML page:      https://secwatch.observer/filing/0000768899-23-000122

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