secwatch.observer — SEC 8-K summary
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Issuer:     ADVANCED DRAINAGE SYSTEMS, INC. (WMS)
CIK:        0001604028
Form:       8-K
Filed at:   2021-09-08T23:59:59+00:00
Accession:  0001604028-21-000004
Event type: leadership
Sentiment:  neutral
Materiality: 0.45
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advanced Drainage Systems announces departure of EVP Engineering Ronald R. Vitarelli
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- Ronald R. Vitarelli, EVP Engineering, left the company on September 1, 2021 per separation agreement.
- Separation agreement includes release of claims and survival of post-employment covenants; severance conditioned on signing.
- Vitarelli had 21 days to consider and 7 days to revoke the agreement; effective after revocation period.
- No successor named; terms are standard for an executive departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1604028/000160402821000004/0001604028-21-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1604028/000160402821000004/wms-20210901.htm
  HTML page:      https://secwatch.observer/filing/0001604028-21-000004

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