Spectrum Brands EVP/COO and SVP/CHRO to depart as part of pure-play strategy

Spectrum Brands Holdings, Inc.

Randal Lewis (EVP/COO) and Rebeckah Long (SVP/CHRO) leaving; both remain employees until Dec 31, 2022.
Lewis may serve part-time up to 9 months after Dec 31 at $50,000/month; Long's full-time ends Dec 31.
Separations support creating a pure-play Global Pet Care and Home and Garden company and reducing short-term spending.
Both receive base salary continuation, health benefits, and vesting of certain equity awards per existing agreements.
Lewis gets 18 months' base salary plus target bonus; Long gets 12 months' base salary continuation.

item 5.02

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Randal D. Lewis

Executive Vice President and Chief Operating Officer

SPB · Spectrum Brands Holdings, Inc.

Effective: 2022-12-31
Filed: August 30, 2022, 7:59 PM ET

On August 30, 2022, the Company entered into a Separation Agreement with Mr. Lewis (the “Lewis Agreement”) in connection with the Company terminating Mr. Lewis’ employment without “cause” in accordance with Mr. Lewis’ existing Employment Agreement, dated September 9, 2019 (the “Lewis Employment Agreement”).

Departed

Rebeckah Long

Senior Vice President and Chief Human Resources Officer

SPB · Spectrum Brands Holdings, Inc.

Effective: 2022-12-31
Filed: August 30, 2022, 7:59 PM ET

On August 30, 2022, the Company entered into a Separation Agreement with Ms. Long (the “Long Agreement”) in connection with the Company terminating Ms. Long’s employment without “cause” in accordance with Ms. Long’s existing Severance Agreement, dated September 9, 2019 (“Long Severance Agreement”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Randal D. Lewis departed as Executive Vice President and Chief Operating Officer at Spectrum Brands Holdings, Inc..

Action: terminated without cause
Role: Executive Vice President and Chief Operating Officer

Exact text from the filing

On August 30, 2022, the Company entered into a Separation Agreement with Mr. Lewis (the “Lewis Agreement”) in connection with the Company terminating Mr. Lewis’ employment without “cause” in accordance with Mr. Lewis’ existing Employment Agreement, dated September 9, 2019 (the “Lewis Employment Agreement”).

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Rebeckah Long departed as Senior Vice President and Chief Human Resources Officer at Spectrum Brands Holdings, Inc..

Action: terminated without cause
Role: Senior Vice President and Chief Human Resources Officer

Exact text from the filing

On August 30, 2022, the Company entered into a Separation Agreement with Ms. Long (the “Long Agreement”) in connection with the Company terminating Ms. Long’s employment without “cause” in accordance with Ms. Long’s existing Severance Agreement, dated September 9, 2019 (“Long Severance Agreement”).

View on SEC.gov

Spectrum Brands Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0000950142-22-002607

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