President and COO Youssef Zakharia to depart Jan 31, 2022; severance includes 12-month salary, RSU acceleration

FRESH DEL MONTE PRODUCE INC

Youssef Zakharia's employment as President and COO ends January 31, 2022.
Severance includes salary continuation, health premiums, $50K outplacement, $62K relocation.
Unvested time-based RSUs accelerated; all performance-based RSUs forfeited.
Non-compete and non-solicitation restrictions apply from Feb 1, 2022 for 12 months.

item 5.02 item 9.01

Executive movements

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Departed

Youssef Zakharia

President and Chief Operating Officer

FDP · FRESH DEL MONTE PRODUCE INC

Effective: 2022-01-31
Filed: January 27, 2022, 6:59 PM ET

Mr. Youssef Zakharia would leave his position as President and Chief Operating Officer of Fresh Del Monte Produce Inc. (the “Company”) effective January 31, 2022.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Youssef Zakharia departed as President and Chief Operating Officer at FRESH DEL MONTE PRODUCE INC.

Action: left
Role: President and Chief Operating Officer

Exact text from the filing

Mr. Youssef Zakharia would leave his position as President and Chief Operating Officer of Fresh Del Monte Produce Inc. (the “Company”) effective January 31, 2022.

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FRESH DEL MONTE PRODUCE INC filing history →

Source: SEC EDGAR

accession 0001193125-22-019750

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