CHRO Linda Evans to retire Jan 2, 2025; separation agreement extends COBRA

DOUGLAS DYNAMICS, INC

Chief Human Resources Officer Linda Evans to retire effective Jan 2, 2025; officer role ends Dec 31, 2024.
Separation agreement extends COBRA subsidy from 12 to 18 months at active employee rates in exchange for release of claims.
Evans must reaffirm release after Separation Date to receive additional 6 months of COBRA; otherwise only 12 months.
Agreement includes non-disparagement, confidentiality obligations for 2 years, and cooperation.

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