secwatch.observer — SEC 8-K summary
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Issuer:     FRESH DEL MONTE PRODUCE INC (FDP)
CIK:        0001047340
Form:       8-K
Filed at:   2022-01-27T23:59:59+00:00
Accession:  0001193125-22-019750
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1047340/000119312522019750/0001193125-22-019750-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1047340/000119312522019750/d273507d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-019750

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer