leadership
confidence high
sentiment neutral
materiality 0.65
Spectrum Brands CFO Jeremy Smeltser to depart Dec 31, 2025; Faisal Qadir appointed
Spectrum Brands Holdings, Inc.
- CFO Jeremy Smeltser's employment terminated without cause; separation date Dec 31, 2025.
- Severance: 18 months base salary plus target bonus, pro-rata FY2026 bonus, health benefits, pro-rata LTIP vesting.
- Faisal Qadir promoted from VP Strategic Finance to EVP and CFO effective Sept 3, 2025.
- Qadir's FY2026 base salary $450k, MIP target 75%, LTIP target 200% of base; severance includes 1.5x salary plus 1x bonus.