secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2025-03-19T23:59:59+00:00
Accession:  0001140361-25-009358
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Vestis CEO Kim Scott departs; Chairman Phillip Holloman appointed interim CEO
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- Kim Scott left as President/CEO and Board member effective March 18, 2025, with no disagreement with the company.
- Separation benefits consistent with termination other than for cause under her April 2024 employment agreement.
- Phillip Holloman, Board Chairman since Sept 2023, appointed interim Executive Chairman, President and CEO.
- Holloman compensation: $125,000 per month plus RSUs ($675,000 initial grant, then $225,000 monthly).
- Doug Pertz will serve as Lead Director during Holloman's tenure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000114036125009358/0001140361-25-009358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000114036125009358/ef20045758_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-009358

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