home · filing · 0001157523-21-001445
8-K
filed November 23, 2021, 6:59 PM ET
ticker CRUS
CIK 0000772406
leadership
confidence high
sentiment neutral
materiality 0.40
Cirrus Logic Chief Culture Officer Jo-Dee M. Benson resigns, enters six-month consulting transition
CIRRUS LOGIC, INC.
Resignation as VP and Chief Culture Officer effective November 22, 2021; will serve as independent contractor for six months.
Consulting fees of $197,500 paid in six monthly installments of $32,916.67 through May 20, 2022.
Equity awards continue to vest during the Transition Period under existing award agreements.
Company will pay COBRA health/dental premiums for the Transition Period; eligible for semiannual bonus.
Executive signed release of claims and reaffirmed confidentiality and non-disparagement obligations.
Executive movements
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Departed
Jo-Dee M. Benson
Chief Culture Officer
CRUS ·
CIRRUS LOGIC, INC.
Effective 2021-11-22
Filed November 23, 2021, 6:59 PM ET
On November 22, 2021, Ms. Benson entered into a Transition Services Agreement (the “Agreement”) providing for her resignation as of that date
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jo-Dee M. Benson resigned as Chief Culture Officer at CIRRUS LOGIC, INC..
Action resigned
Role Chief Culture Officer
Exact text from the filing
On November 22, 2021, Ms. Benson entered into a Transition Services Agreement (the “Agreement”) providing for her resignation as of that date
View on SEC.gov
Source: SEC EDGAR
accession 0001157523-21-001445
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