Denise Stump departs as EVP Global HR; separation agreement provides 24-month salary, $30K outplacement, equity vesting

SCOTTS MIRACLE-GRO CO

Denise Stump, former EVP Global HR and Chief Ethics Officer, departed Oct 1, 2023; separation agreement signed Nov 12, 2023.
Severance includes 24 months salary, two times target bonus (paid in installments), $30,000 outplacement lump sum.
Stock options: 4,869 (Feb 2021) and 25,064 (Nov 2022) vested on termination; RSUs and performance units vest on schedule.
Company aircraft personal use available for two years at her expense; noncompete and confidentiality obligations continue.

item 5.02 item 9.01

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Departed

Denise Stump

Executive Vice President, Global Human Resources and Chief Ethics Officer

SMG · SCOTTS MIRACLE-GRO CO

Effective: 2023-10-01
Filed: November 16, 2023, 6:59 PM ET

On September 27, 2023, The Scotts Miracle-Gro Company (the “Company”) reported that Denise Stump, the Company’s former Executive Vice President, Global Human Resources and Chief Ethics Officer, would be departing the Company on October 1, 2023 (the “Termination Date”).

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Denise Stump departed as Executive Vice President, Global Human Resources and Chief Ethics Officer at SCOTTS MIRACLE-GRO CO.

Action: departed
Role: Executive Vice President, Global Human Resources and Chief Ethics Officer

Exact text from the filing

On September 27, 2023, The Scotts Miracle-Gro Company (the “Company”) reported that Denise Stump, the Company’s former Executive Vice President, Global Human Resources and Chief Ethics Officer, would be departing the Company on October 1, 2023 (the “Termination Date”).

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Source: SEC EDGAR

accession 0001443984-23-000312

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