SVP & Chief Digital Information Officer John Hill resigns, receives $550K severance

MSC INDUSTRIAL DIRECT CO INC

John Hill resigns as SVP & Chief Digital Information Officer, effective June 12, 2024.
Separation agreement includes $550,000 cash severance paid bi-weekly over 12 months.
Accelerated vesting of certain outstanding RSU awards under company's incentive plans.
Additional $24,345.88 lump sum for healthcare subsidy and outplacement services provided.
Hill must comply with confidentiality, non-disparagement, and cooperation; forfeiture clause applies.

item 5.02 item 9.01

Executive movements

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

Departed

John Hill

Senior Vice President & Chief Digital Information Officer

MSM · MSC INDUSTRIAL DIRECT CO INC

Effective: 2024-06-12
Filed: June 12, 2024, 7:59 PM ET

On June 6, 2024, John Hill resigned as Senior Vice President & Chief Digital Information Officer of the Company effective June 12, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Hill resigned as Senior Vice President & Chief Digital Information Officer at MSC INDUSTRIAL DIRECT CO INC.

Action: resigned
Role: Senior Vice President & Chief Digital Information Officer

Exact text from the filing

On June 6, 2024, John Hill resigned as Senior Vice President & Chief Digital Information Officer of the Company effective June 12, 2024.

View on SEC.gov

MSC INDUSTRIAL DIRECT CO INC filing history →

Source: SEC EDGAR

accession 0001003078-24-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.