---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-007260"
form_type: "8-K"
ticker: "FARM"
cik: "0000034563"
company_name: "FARMER BROTHERS CO"
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T12:21:22.576303+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Farmer Bros. terminates Chief Supply Chain and Chief Sales Officers in cost-cutting move

## Summary
- Terminated Ruben Inofuentes (Chief Supply Chain Officer) and Maurice S.J. Moragne (Chief Sales Officer), effective Feb 17, 2023.
- Action is part of strategic priority to reduce overhead costs and drive profitability.
- Duties of the two officers to be assumed by various other Company employees.
- Company expects to enter into general release and separation agreements with both executives; terms to be disclosed later.

## SEC filing metadata
- accession: 0001140361-23-007260
- form_type: 8-K
- ticker: FARM
- cik: 0000034563
- company_name: FARMER BROTHERS CO
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34563/000114036123007260/0001140361-23-007260-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34563/000114036123007260/brhc10048359_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-007260
- JSON: https://secwatch.observer/filing/0001140361-23-007260.json
- Plain text: https://secwatch.observer/filing/0001140361-23-007260.txt

## Key facts
- Executive change
  Ruben Inofuentes was terminated as Chief Supply Chain Officer at FARMER BROTHERS CO.
  - Action: terminated
  - Role: Chief Supply Chain Officer
  source text: termination of employment of Ruben Inofuentes, the Company’s Chief Supply Chain Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123007260/0001140361-23-007260-index.htm
- Executive change
  Maurice S.J. Moragne was terminated as Chief Sales Officer at FARMER BROTHERS CO.
  - Action: terminated
  - Role: Chief Sales Officer
  source text: and Maurice S.J. Moragne, the Company’s Chief Sales Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123007260/0001140361-23-007260-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
