Whirlpool CLO Ava Harter departs under reorganization; receives $2.93M severance

WHIRLPOOL CORP /DE/

EVP & Chief Legal Officer role eliminated March 1, 2024; employment terminated March 8, 2024.
Severance of $2,931,874 payable in two installments: $1,541,716 in March 2024 and $1,390,158 in March 2025.
Also receives $93,360 for transition consulting and $32,000 for COBRA/health insurance.
Agreed to 24-month non-compete, non-solicit, and confidentiality covenants; breach triggers 75% clawback.

item 5.02 item 9.01

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Departed

Ava A. Harter

Executive Vice President and Chief Legal Officer

WHR · WHIRLPOOL CORP /DE/

Effective: 2024-03-08
Filed: March 8, 2024, 6:59 PM ET

the Executive Vice President and Chief Legal Officer role held by Ava A. Harter was eliminated March 1, 2024 as a result of a global corporate reorganization.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Ava A. Harter was terminated as Executive Vice President and Chief Legal Officer at WHIRLPOOL CORP /DE/.

Action: terminated
Role: Executive Vice President and Chief Legal Officer

Exact text from the filing

the Executive Vice President and Chief Legal Officer role held by Ava A. Harter was eliminated March 1, 2024 as a result of a global corporate reorganization.

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WHIRLPOOL CORP /DE/ filing history →

Source: SEC EDGAR

accession 0001193125-24-063754

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