Monro signs CEO Peter Fitzsimmons to 3-year contract; appoints to Board

MONRO, INC.

Fitzsimmons now permanent CEO under 3-year contract; prior AlixPartners engagement cost Monro ~$18.5M through Nov 2025.
Base salary $900k, target bonus 100% base, sign-on bonus $200k; equity awards valued at ~$5M including PSUs.
Performance-vesting PSUs vest based on Dec 2027 stock price: 0% below $25, 100% at $30, up to 200% at $40+.
Fitzsimmons appointed to Board of Directors and Executive Committee effective immediately.
Employment agreement initial term through Dec 31, 2027, auto-renews annually unless notice given.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.