secwatch.observer — SEC 8-K summary
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Issuer:     Advantage Solutions Inc. (ADV)
CIK:        0001776661
Form:       8-K
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0000950170-25-035154
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advantage Solutions names Dean General COO of Branded Services, replacing Jack Pestello
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- Dean General appointed COO, Branded Services effective March 24, 2025; succeeds Jack Pestello who leaves May 1.
- General receives $600K base salary, $500K signing bonus, target bonus of 80% of base, and initial equity valued at $750K.
- Pestello gets $780K cash severance ($600K over 12 months, lump sums of $75K and $105K) plus continued health benefits.
- General joins from Henkel Consumer Brands, where he was GM of retailer brands and SVP commercial development.
- Pestello departure voluntary; he will remain in non-executive capacity through May 1, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1776661/000095017025035154/0000950170-25-035154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1776661/000095017025035154/adv-20250307.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-035154

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