---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-018316"
form_type: "8-K"
ticker: "VSTS"
cik: "0001967649"
company_name: "Vestis Corp"
filed_at: "2024-04-05T23:59:59+00:00"
generated_at: "2026-06-04T02:01:17.150686+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Vestis enters new employment agreements with CEO/CFO/CHRO/CTO; CLO Donovan to retire Oct 4, 2024

## Summary
- CEO Kim Scott: $925k base salary, 125% target bonus, $3.6M LTIP target.
- CFO Rick Dillon: $618k base salary, 75% target bonus, $1M LTIP target.
- CHRO Angela Kervin: $450k base salary, 60% target bonus, $500k LTIP target.
- CTO Grant Shih: $380k base salary, 50% target bonus, $400k LTIP target.
- EVP/CLO Timothy Donovan notified retirement effective October 4, 2024.

## SEC filing metadata
- accession: 0001140361-24-018316
- form_type: 8-K
- ticker: VSTS
- cik: 0001967649
- company_name: Vestis Corp
- filed_at: 2024-04-05T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1967649/000114036124018316/0001140361-24-018316-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1967649/000114036124018316/ef20025498_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-018316
- JSON: https://secwatch.observer/filing/0001140361-24-018316.json
- Plain text: https://secwatch.observer/filing/0001140361-24-018316.txt

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