Unifi appoints A.J. Eaker as CFO with $350K base salary, RSU award of 23,000 shares

UNIFI INC

A.J. Eaker appointed EVP, CFO and Treasurer effective Jan 30, 2024; amendment discloses compensation details.
Base salary $350K; eligible for bonuses and standard executive benefits.
Initial grants: $100K cash award plus 23,000 RSUs vesting 25% after year 1, 25% year 2, 50% year 3.
Severance: 12 months' salary if terminated without cause or resigns for good reason; COBRA reimbursement up to 12 months.
Non-compete and non-solicitation for 12 months post-termination; full equity vesting upon change of control, death or disability.

item 5.02 item 9.01

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Appointed

A.J. Eaker

Executive Vice President, Chief Financial Officer, and Treasurer

UFI · UNIFI INC

Effective: 2024-02-02
Filed: February 6, 2024, 6:59 PM ET

On February 2, 2024, in connection with his appointment as Executive Vice President, Chief Financial Officer, and Treasurer of the Company, Mr. Eaker and the Company entered into an Employment Agreement

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Executive change SEC 8-K Item 5.02 confidence 0.95

A.J. Eaker was appointed as Executive Vice President, Chief Financial Officer, and Treasurer at UNIFI INC.

Action: appointed
Role: Executive Vice President, Chief Financial Officer, and Treasurer

Exact text from the filing

On February 2, 2024, in connection with his appointment as Executive Vice President, Chief Financial Officer, and Treasurer of the Company, Mr. Eaker and the Company entered into an Employment Agreement

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UNIFI INC filing history →

Source: SEC EDGAR

accession 0000950170-24-011723

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