leadership
confidence high
sentiment neutral
materiality 0.70
Vera Bradley CFO Schwindle to leave June 30; severance $675,938 + 1.25x FY26 bonus
Vera Bradley, Inc.
- CFO Michael Schwindle's employment ends June 30, 2025.
- Lump sum severance of $675,937.50 payable on later of 10 days after agreement or June 30.
- Additional payment of 1.25x FY26 annual bonus, paid when other executives receive bonuses.
- Also receives accrued salary, benefits, up to 12 months COBRA reimbursed.
- Schwindle releases company from all claims related to employment and termination.
item 5.02item 9.01