Former CEO David Willis resigns from European Wax Center board; receives 18-month salary severance

European Wax Center, Inc.

David Willis resigned from the board effective August 15, 2024, following his earlier departure as CEO.
Separation agreement provides 18-month salary continuation, pro-rata FY2024 bonus, and up to 18 months of COBRA premium payments.
Willis waived rights to additional severance under the Severance Plan's Section 2.2(b) and released all claims against the company.
Willis remains bound by confidentiality, non-compete, and cooperation obligations; must return all Company property.

item 5.02 item 9.01

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Departed

David Willis

Director

EWCZ · European Wax Center, Inc.

Effective: 2024-08-15
Filed: August 19, 2024, 7:59 PM ET

On August 15, 2024, David Willis resigned from the board of directors (the “Board”) of European Wax Center, Inc. (the “Company”), effective August 15, 2024.

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Executive change SEC 8-K Item 5.02 confidence 0.95

David Willis resigned as Director at European Wax Center, Inc..

Action: resigned
Role: Director

Exact text from the filing

On August 15, 2024, David Willis resigned from the board of directors (the “Board”) of European Wax Center, Inc. (the “Company”), effective August 15, 2024.

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Source: SEC EDGAR

accession 0000950170-24-098558

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