secwatch.observer — SEC 8-K summary
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Issuer:     MOLSON COORS BEVERAGE CO (TAP)
CIK:        0000024545
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0001104659-24-109737
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Molson Coors EMEA&APAC CEO Sergey Yeskov resigns effective Oct 17, 2024
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- Sergey Yeskov resigned as President & CEO EMEA&APAC for personal reasons; placed on garden leave until Dec 31, 2024.
- Severance: one year base salary (€215,104.50); 2024 MCIP payout at 100% target multiplier; 2022 PSU cash payout at min 100% target.
- Unvested equity awards cancelled; vested stock options exercisable for one year after termination.
- 12-month non-compete covering AB InBev, Asahi, Carlsberg, Heineken in EMEA&APAC region.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/24545/000110465924109737/0001104659-24-109737-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/24545/000110465924109737/tm2426417d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-109737

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer