Farmer Bros grants $100k RSU to interim CEO, retention bonuses to CFO and GC

FARMER BROTHERS CO

John Moore named interim CEO (effective Oct 1, 2023); receives RSUs valued at $100,000 vesting over three years.
Moore's base salary raised to $400,000 for the interim CEO role.
Brad Bollner (interim CFO) gets $50,000 retention bonus paid $25,000 each on Mar 15, 2024 and Sep 13, 2024.
Jared Vitemb (VP, GC) receives one-time $157,500 cash retention payment.

item 5.02

Executive movements

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

Appointed (interim)

Brad Bollner

interim Chief Financial Officer

FARM · FARMER BROTHERS CO

Effective: 2023-10-01
Filed: September 15, 2023, 7:59 PM ET

the Company entered into a Retention Agreement with Brad Bollner, the Company's Vice President of Finance and, effective October 1, 2023, the Company's interim Chief Financial Officer

Appointed (interim)

John Moore

interim Chief Executive Officer

FARM · FARMER BROTHERS CO

Effective: 2023-10-01
Filed: September 15, 2023, 7:59 PM ET

approved the grant to John Moore, the Company's Head of Coffee and, effective October 1, 2023, the interim Chief Executive Officer

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Brad Bollner was appointed as interim Chief Financial Officer at FARMER BROTHERS CO.

Action: appointed
Role: interim Chief Financial Officer

Exact text from the filing

the Company entered into a Retention Agreement with Brad Bollner, the Company's Vice President of Finance and, effective October 1, 2023, the Company's interim Chief Financial Officer

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

John Moore was appointed as interim Chief Executive Officer at FARMER BROTHERS CO.

Action: appointed
Role: interim Chief Executive Officer

Exact text from the filing

approved the grant to John Moore, the Company's Head of Coffee and, effective October 1, 2023, the interim Chief Executive Officer

View on SEC.gov

FARMER BROTHERS CO filing history →

Source: SEC EDGAR

accession 0001104659-23-100989

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.