leadership
confidence high
sentiment neutral
materiality 0.45
Bloomin' Brands eliminates Chief Customer Officer role; EVP Michael Stutts to depart Dec 20
Bloomin' Brands, Inc.
- Michael Stutts, EVP and Chief Customer Officer, will separate from the company effective December 20, 2021.
- Role eliminated as Digital team moves to Marketing and IT reports to a functional IT leader.
- Stutts receives $1.6M lump sum severance and certain benefits; includes customary release and covenants.