Weyco Group renews CEO Thomas Florsheim Jr. and COO John Florsheim employment through 2028

WEYCO GROUP INC

Thomas W. Florsheim Jr., Chairman and CEO, and John W. Florsheim, President and COO, entered new three-year employment agreements effective January 1, 2026, ending December 31, 2028.
Thomas Florsheim's base salary set at $791,500 per year; John Florsheim's base salary not specified in filing but similar terms expected.
Agreements include annual base salary subject to Compensation Committee increase, bonus eligibility, benefits, auto allowance, and standard restrictive covenants.
Severance provisions: upon termination without cause or for good reason, lump sum equal to 299% of base amount (per IRC 280G), delayed if needed under Section 162(m).
The agreements are renewals with minor updates from prior contracts; no change in executive roles.

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