home · filing · 0001140361-23-014280
8-K/A filed March 28, 2023, 7:59 PM ET
ticker FARM
CIK 0000034563
other material
confidence high
sentiment neutral
materiality 0.30
Farmer Bros. finalizes severance for two terminated officers; $360.5K and $372.75K
FARMER BROTHERS CO
Chief Supply Chain Officer Ruben Inofuentes receives 52 weeks' severance of $360,500 in bi-weekly installments.
Chief Sales Officer Maurice Moragne receives 52 weeks' severance of $372,750 in bi-weekly installments.
Both separations effective Feb. 17, 2023; release signed March 23 and March 25, 2023 respectively.
Severance agreements include general release of claims and standard covenants; no admission of liability.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Filed March 28, 2023, 7:59 PM ET
On March 23, 2023, the Company and Mr. Inofuentes entered into a general release and separation agreement (the “Inofuentes Separation Agreement”).
Departed
Maurice Moragne
Chief Sales Officer
FARM ·
FARMER BROTHERS CO
Filed March 28, 2023, 7:59 PM ET
On March 25, 2023, the Company and Mr. Moragne entered into a general release and separation agreement (the “Moragne Separation Agreement”).
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.85
Ruben Inofuentes departed as Chief Supply Chain Officer at FARMER BROTHERS CO.
Action entered into a separation agreement
Role Chief Supply Chain Officer
Exact text from the filing
On March 23, 2023, the Company and Mr. Inofuentes entered into a general release and separation agreement (the “Inofuentes Separation Agreement”).
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.85
Maurice Moragne departed as Chief Sales Officer at FARMER BROTHERS CO.
Action entered into a separation agreement
Role Chief Sales Officer
Exact text from the filing
On March 25, 2023, the Company and Mr. Moragne entered into a general release and separation agreement (the “Moragne Separation Agreement”).
View on SEC.gov
Source: SEC EDGAR
accession 0001140361-23-014280
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.