Zoetis announces separation from EVP, General Counsel Heidi Chen; consulting fee $350K

Zoetis Inc.

Heidi Chen steps down as EVP, General Counsel effective April 16, 2024; remains non-officer employee through July 16, 2024.
After July 16, will serve as non-employee consultant through Dec 31, 2024, earning $350,000 consulting fee.
Eligible for severance benefits under Zoetis Executive Severance Plan subject to release and restrictive covenants.
Transition period includes continued base salary and benefits; consulting duties limited to 20% of prior service level.

item 5.02 item 9.01

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Departed

Heidi C. Chen

EVP, General Counsel

ZTS · Zoetis Inc.

Filed: May 24, 2024, 7:59 PM ET

On May 20, 2024, in connection with Heidi C. Chen’s previously announced separation, Zoetis Inc. (the “Company”) entered into a Letter Agreement

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.7

Heidi C. Chen departed as EVP, General Counsel at Zoetis Inc..

Action: separated
Role: EVP, General Counsel

Exact text from the filing

On May 20, 2024, in connection with Heidi C. Chen’s previously announced separation, Zoetis Inc. (the “Company”) entered into a Letter Agreement

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Zoetis Inc. filing history →

Source: SEC EDGAR

accession 0001555280-24-000262

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