Workhorse Group signs separation agreement with former COO Rob Willison for $75,000

Workhorse Group Inc.

Former COO Rob Willison's last day was Sept 30, 2021; separation agreement signed Oct 18, 2021.
Company will pay $75,000 on Nov 5, 2021 as pay in lieu of 30-day notice plus additional compensation.
Separation agreement includes standard release of claims, waiver of ADEA rights, and cooperation clause.
Restrictive covenants from prior employment agreements survive the termination.

item 5.02 item 9.01

Executive movements

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Departed

Rob Willison

Chief Operating Officer

WKHS · Workhorse Group Inc.

Effective: 2021-09-30
Filed: October 21, 2021, 7:59 PM ET

Workhorse Group Inc. (the “Company”) informed Rob Willison, the Company’s then Chief Operating Officer, that the Company would not be renewing his employment agreement and Mr. Willison left the Company effective September 30.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Rob Willison departed as Chief Operating Officer at Workhorse Group Inc..

Action: left the company
Role: Chief Operating Officer

Exact text from the filing

Workhorse Group Inc. (the “Company”) informed Rob Willison, the Company’s then Chief Operating Officer, that the Company would not be renewing his employment agreement and Mr. Willison left the Company effective September 30.

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Workhorse Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-21-053816

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