Ingredion GC Janet Bawcom resigns effective July 1; severance package of ~$1.17M disclosed

Ingredion Inc

Janet M. Bawcom resigns as SVP, General Counsel, Corporate Secretary, and CCO, effective July 1, 2021.
Severance includes $502,500 salary, $163,312 pro rata 2021 bonus, and $500,000 in lieu of RSU vesting.
Additional benefits: 12 months COBRA subsidy and legal fee reimbursement up to $15,000.
Non-compete through July 1, 2022; non-solicitation and non-disparagement obligations.
Company waives rights under Relocation Expense Repayment and Sign-On Agreements.

item 5.02 item 9.01

Executive movements

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Departed

Janet M. Bawcom

Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

INGR · Ingredion Inc

Effective: 2021-07-01
Filed: July 1, 2021, 7:59 PM ET

Janet M. Bawcom, Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of Ingredion Incorporated (the “Company”), has advised the Company she will resign from all such positions effective July 1, 2021.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Janet M. Bawcom resigned as Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer at Ingredion Inc.

Action: resigned
Role: Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer

Exact text from the filing

Janet M. Bawcom, Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of Ingredion Incorporated (the “Company”), has advised the Company she will resign from all such positions effective July 1, 2021.

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Ingredion Inc filing history →

Source: SEC EDGAR

accession 0001193125-21-206267

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