BrightSpring Chief Legal Officer Steven Reed to retire; stays as Senior Legal Counsel through Mar 2025

BrightSpring Health Services, Inc.

Reed steps down as CLO after 20+ years, incl. 11 as CLO; serves as Senior Legal Counsel until Mar 31, 2025.
Base salary reduced to $20k/month effective Oct 1, 2024; no longer eligible for bonus or new equity.
Retention package includes $181k lump sum, $271k pro-rata bonus, and extended option exercise period.
Company has commenced search for successor; Reed subject to non-compete and non-solicit for 12 months post-employment.

item 5.02 item 9.01

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Departed

Steven S. Reed

Chief Legal Officer

BTSG · BrightSpring Health Services, Inc.

Effective: 2024-10-11
Filed: October 11, 2024, 7:59 PM ET

As of October 11, 2024, Steven S. Reed, the Chief Legal Officer and Corporate Secretary of BrightSpring Health Services, Inc. (the “Company”), has made the decision to retire from his position after over twenty years of service with the Company, first as a director, and the final eleven years as Chief Legal Officer.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Steven S. Reed retired as Chief Legal Officer at BrightSpring Health Services, Inc..

Action: retired
Role: Chief Legal Officer

Exact text from the filing

As of October 11, 2024, Steven S. Reed, the Chief Legal Officer and Corporate Secretary of BrightSpring Health Services, Inc. (the “Company”), has made the decision to retire from his position after over twenty years of service with the Company, first as a director, and the final eleven years as Chief Legal Officer.

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BrightSpring Health Services, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-114404

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