home · filing · 0001193125-23-085573
8-K filed March 30, 2023, 7:59 PM ET
ticker WHR
CIK 0000106640
leadership
confidence high
sentiment neutral
materiality 0.30
Whirlpool finalizes separation agreement with retiring Latin America President João Brega
WHIRLPOOL CORP /DE/
João Brega to retire as EVP and President of Whirlpool Latin America effective March 31, 2023.
Release Agreement provides BRL 934,545 (~$178,115) in two semi-annual installments for cooperation and release of claims.
Director Services Agreement provides BRL 3,692,308 (~$703,752) for continued board service at Whirlpool S.A. through March 2024 and non-compete.
Brega will resign from all management and statutory positions in Whirlpool subsidiaries on March 31, 2023.
Agreements include confidentiality, non-disparagement, and cooperation covenants.
Executive movements
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Effective 2023-03-31
Filed March 30, 2023, 7:59 PM ET
João Brega will retire from his position as Executive Vice President and President, Whirlpool Latin America Region (LAR) effective March 31, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
João Brega departed as Executive Vice President and President, Whirlpool Latin America Region at WHIRLPOOL CORP /DE/.
Action retire
Role Executive Vice President and President, Whirlpool Latin America Region
Exact text from the filing
João Brega will retire from his position as Executive Vice President and President, Whirlpool Latin America Region (LAR) effective March 31, 2023.
View on SEC.gov
Source: SEC EDGAR
accession 0001193125-23-085573
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