home · filing · 0001020859-22-000052
8-K
filed September 27, 2022, 7:59 PM ET
ticker UNFI
CIK 0001020859
other material
confidence high
sentiment neutral
materiality 0.40
UNFI sets FY23 executive comp: base salaries, LTI awards, updated severance agreements
UNITED NATURAL FOODS INC
FY23 base salaries: Douglas $1.05M, Howard $722,250, Testa $810K, Dorne $787.5K (retiring Oct 29).
Long-term incentive awards: Douglas $5M; Howard, Testa, Dorne $1.8M each; cash incentive targets unchanged.
Updated severance agreements effective Oct 23: adds payment equal to target bonus, revised restrictive covenants.
Howard's base salary increased; Douglas & Howard get higher LTI, yielding up to 16.9% total comp increase.
No change to cash incentive plan targets as % of salary for named executive officers.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2022-10-29
Filed September 27, 2022, 7:59 PM ET
Mr. Dorne has announced his intention to retire effective October 29, 2022.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Eric A. Dorne departed as other_named_officer at UNITED NATURAL FOODS INC.
Action retire
Exact text from the filing
Mr. Dorne has announced his intention to retire effective October 29, 2022.
View on SEC.gov
Source: SEC EDGAR
accession 0001020859-22-000052
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