Kelly Services provides $405K severance and $350K consulting retainer for departing CDO Simons
KELLY SERVICES INC
Darren Simons, Chief Digital Officer, departed Kelly Services effective June 2, 2023; received $405,300 severance (52 weeks base salary) plus pro rata incentive and COBRA.
On June 8, 2023, Kelly entered an independent contractor agreement with Simons via Digital Nexus Advisors LLC; retainer of $350,000 and hourly rate of $730 through September 1, 2023.
Simons released claims against Kelly and agreed to non-disparagement and confidentiality; Kelly and its SLT will provide a positive employment reference.
Consulting services focus on information technology projects; any additional hours beyond the retainer require pre-approval in writing.
On May 17, 2023, Kelly Services, Inc. (the “Company”) filed a Current Report on Form 8-K reporting that Darren Simons, Chief Digital Officer, was leaving Kelly Services, Inc. effective June 2, 2023.
Key facts
Extracted from this filing and checked against the source text.
Executive changeSEC 8-K Item 5.02confidence 0.95
Darren Simons departed as Chief Digital Officer at KELLY SERVICES INC.
Action
was leaving
Role
Chief Digital Officer
Exact text from the filing
On May 17, 2023, Kelly Services, Inc. (the “Company”) filed a Current Report on Form 8-K reporting that Darren Simons, Chief Digital Officer, was leaving Kelly Services, Inc. effective June 2, 2023.
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