leadership
confidence high
sentiment neutral
materiality 0.55
Bloomin' Brands EVP/COO Gregg Scarlett to depart March 15, 2024; position eliminated
Bloomin' Brands, Inc.
- Position of EVP, COO of Casual Dining eliminated after transition period ending March 15, 2024.
- Gregg Scarlett to separate from Company on March 15, 2024, per separation agreement.
- Scarlett receives lump sum severance of $1,485,000 and other benefits, subject to release.
- Organizational redesign drives elimination of role; no replacement announced.