---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-014280"
form_type: "8-K/A"
ticker: "FARM"
cik: "0000034563"
company_name: "FARMER BROTHERS CO"
filed_at: "2023-03-28T23:59:59+00:00"
generated_at: "2026-06-17T13:55:58.807457+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Farmer Bros. finalizes severance for two terminated officers; $360.5K and $372.75K

## Summary
- 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.

## SEC filing metadata
- accession: 0001140361-23-014280
- form_type: 8-K/A
- ticker: FARM
- cik: 0000034563
- company_name: FARMER BROTHERS CO
- filed_at: 2023-03-28T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34563/000114036123014280/0001140361-23-014280-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34563/000114036123014280/brhc10050504_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-014280
- JSON: https://secwatch.observer/filing/0001140361-23-014280.json
- Plain text: https://secwatch.observer/filing/0001140361-23-014280.txt

## Key facts
- Executive change
  Ruben Inofuentes departed as Chief Supply Chain Officer at FARMER BROTHERS CO.
  - Action: entered into a separation agreement
  - Role: Chief Supply Chain Officer
  source text: On March 23, 2023, the Company and Mr. Inofuentes entered into a general release and separation agreement (the “Inofuentes Separation Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123014280/0001140361-23-014280-index.htm
- Executive change
  Maurice Moragne departed as Chief Sales Officer at FARMER BROTHERS CO.
  - Action: entered into a separation agreement
  - Role: Chief Sales Officer
  source text: On March 25, 2023, the Company and Mr. Moragne entered into a general release and separation agreement (the “Moragne Separation Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/34563/000114036123014280/0001140361-23-014280-index.htm

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