BrightView finalizes Transition Agreement with former President Jeffery Herold

BrightView Holdings, Inc.

Herold to serve as non-executive employee from Aug 1, 2023 to Aug 1, 2024, with base salary $247k.
Target FY2023 bonus of $363,750; severance of $495k if terminated without cause or on Termination Date.
Unvested equity forfeited unless Qualifying Termination; then certain RSUs/PSUs vest under conditions.
Fred Freund succeeded Herold as President of Evergreen West effective Dec 14, 2022.
Transition Agreement includes restrictive covenants from 2018 employment letter.

item 5.02

Executive movements

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

Appointed

Fred Freund

President of Evergreen West

BV · BrightView Holdings, Inc.

Effective: 2022-12-14
Filed: July 21, 2023, 7:59 PM ET

Fred Freund took the role of President of Evergreen West effective December 14, 2022.

Role change

Jeffery R. Herold

President of Evergreen West (Maintenance Services)

BV · BrightView Holdings, Inc.

Effective: 2022-12-13
Successor: Fred Freund
Filed: July 21, 2023, 7:59 PM ET

the Company announced on December 15, 2022 that Jeffery R. Herold stepped down as President of the Evergreen West (Maintenance Services) business (“Evergreen West”) of the Company, effective at the close of business on December 13, 2022

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Fred Freund was appointed as President of Evergreen West at BrightView Holdings, Inc..

Action: appointed
Role: President of Evergreen West

Exact text from the filing

Fred Freund took the role of President of Evergreen West effective December 14, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Jeffery R. Herold changed role as President of Evergreen West (Maintenance Services) at BrightView Holdings, Inc..

Action: stepped down
Role: President of Evergreen West (Maintenance Services)

Exact text from the filing

the Company announced on December 15, 2022 that Jeffery R. Herold stepped down as President of the Evergreen West (Maintenance Services) business (“Evergreen West”) of the Company, effective at the close of business on December 13, 2022

View on SEC.gov

BrightView Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-083085

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