secwatch.observer — SEC 8-K summary
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Issuer:     HAIN CELESTIAL GROUP INC (HAIN)
CIK:        0000910406
Form:       8-K
Filed at:   2022-11-28T23:59:59+00:00
Accession:  0001193125-22-292943
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hain Celestial names Wendy P. Davidson as CEO; Schiller transitions to non-executive director
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- Wendy P. Davidson appointed President and CEO effective Jan 1, 2023; also joins Board.
- Mark L. Schiller steps down as CEO Dec 31, 2022, remains as non-executive director.
- Davidson receives $925K base salary, target annual bonus of 125% of base, and $3M LTIP award for FY2023 (prorated).
- Schiller to receive cash severance of $4.725M paid over two years plus prorated FY2023 bonus.
- Davidson also awarded make-whole RSUs of $1.6M and cash signing bonus of $960K.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910406/000119312522292943/0001193125-22-292943-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910406/000119312522292943/d402070d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-292943

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