Atmus CLO Toni Hickey resigns, transitions to advisor role through Aug. 2024
Atmus Filtration Technologies Inc.
Toni Y. Hickey resigned as Chief Legal Officer and Corporate Secretary effective April 15, 2024; reassigned as Senior Executive Advisor through August 18, 2024.
She will receive salary continuation of $17,917 semi-monthly through April 14, 2025 (approx. $430K/year) plus a prorated 2024 bonus.
The separation agreement includes a general release of claims, non-disparagement, confidentiality, and a forfeiture clause in the event of breach.
Continued medical coverage during the separation period, plus outplacement services and financial counseling, are provided as part of the separation compensation.
On April 18, 2024, Atmus Filtration Technologies Inc. (the “Company”) reached a mutual agreement (the “Separation Agreement”) with Toni Y. Hickey pursuant to which Ms. Hickey resigned her role as Chief Legal Officer and Corporate Secretary as of April 15, 2024 and accepted a reassignment to serve in a transitional advisory employment role until her departure from the Company no later than August 18, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Toni Y. Hickey departed as transitional advisory employment role at Atmus Filtration Technologies Inc..
Action
resigned and reassigned
Role
transitional advisory employment role
Exact text from the filing
On April 18, 2024, Atmus Filtration Technologies Inc. (the “Company”) reached a mutual agreement (the “Separation Agreement”) with Toni Y. Hickey pursuant to which Ms. Hickey resigned her role as Chief Legal Officer and Corporate Secretary as of April 15, 2024 and accepted a reassignment to serve in a transitional advisory employment role until her departure from the Company no later than August 18, 2024.
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