Kemper finalizes separation agreement with ex-CFO McKinney for $1.975M cash severance

KEMPER Corp

Former CFO James J. McKinney to receive $1,975,000 cash severance in two installments.
Severance includes payment for accrued PTO and up to 12 months outplacement services.
Agreement includes 12-month non-solicitation, non-disparagement, and standstill covenants through Q2 2024 earnings.
McKinney forfeits 2023 cash bonus and outstanding equity awards per plan terms.
Separation follows his September 2023 resignation; employment ended Dec 31, 2023.

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