secwatch.observer — SEC 8-K summary
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Issuer:     KELLY SERVICES INC (KELYA)
CIK:        0000055135
Form:       8-K/A
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0001193125-23-166946
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kelly Services provides $405K severance and $350K consulting retainer for departing CDO Simons
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/55135/000119312523166946/0001193125-23-166946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/55135/000119312523166946/d445187d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-166946

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