leadership
confidence high
sentiment neutral
materiality 0.50
Kelly Services enters severance agreement with departing SVP Malan; $468K payout
KELLY SERVICES INC
- Daniel H. Malan (SVP, President Science Engineering & Technology) separated Nov 28, 2025; agreement effective Dec 10, 2025.
- Receives $468,000 severance (52 weeks base salary) paid per regular payroll schedule.
- COBRA health subsidy for up to 12 months and outplacement up to $10,000.
- Entitled to pro-rated annual incentive under Equity and Short-Term Incentive Plans.
- Agreement includes general release, non-disparagement, and confidentiality clauses.