other material
confidence high
sentiment neutral
materiality 0.30
Kelly Services enters employment agreement with President International and reports annual meeting vote results
KELLY SERVICES INC
- Employment Agreement with Dinette Koolhaas, SVP and President International, effective May 17, 2022, governed by Swiss law.
- Agreement provides base salary equivalent to current pay in Swiss francs, indemnification, and severance replicating Tier 3 of U.S. Senior Executive Severance Plan.
- Koolhaas continues participation in Short-Term Incentive and Equity Incentive Plans; retirement benefits per Swiss law.
- Annual meeting on May 18, 2022: all 9 director nominees elected; say-on-pay approved with 3,152,865 for and 45,275 against; PwC ratified as auditor with 3,283,049 for.