secwatch.observer — SEC 8-K summary
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Issuer:     TechnipFMC plc (FTI)
CIK:        0001681459
Form:       8-K
Filed at:   2022-04-01T23:59:59+00:00
Accession:  0001193125-22-093721
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TechnifFMC President of Surface Barry Glickman to step down, separation agreement signed
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- Effective April 24, 2022, Barry Glickman steps down as President of Surface; remains employee through June 30 for transition.
- Separation agreement: 2x base salary plus 2x target 2022 annual incentive, paid over 48 bi-weekly installments.
- Pro rata 2022 incentive at target within 30 days of separation; health benefits for up to 24 months.
- Up to $10,000 financial planning reimbursement; 24-month non-compete, non-solicit, confidentiality, non-disparagement.
- No successor named; transition period through June 30, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1681459/000119312522093721/0001193125-22-093721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1681459/000119312522093721/d320322d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-093721

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