secwatch.observer — SEC 8-K summary
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Issuer:     OLAPLEX HOLDINGS, INC. (OLPX)
CIK:        0001868726
Form:       8-K
Filed at:   2023-10-12T23:59:59+00:00
Accession:  0001193125-23-254657
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Olaplex names John Bilbrey interim CEO; Amanda Baldwin to succeed in Q4 2023/Q1 2024
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- JuE Wong steps down as President and CEO effective Oct 12, 2023; remains employed until Oct 20.
- John P. Bilbrey (Executive Chair) appointed interim CEO; previously CEO of Hershey.
- Amanda Baldwin to become CEO between Nov 27, 2023 and Jan 8, 2024; base salary $1M, sign-on $250K, equity awards ~$13M.
- Separation agreement with Wong includes 12 months salary, COBRA, pro rata bonus, 120-day option exercise.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1868726/000119312523254657/0001193125-23-254657-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1868726/000119312523254657/d530085d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-254657

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