Avanos SVP Global Supply Chain David Ball to retire; retention bonus up to $100K

AVANOS MEDICAL, INC.

David E. Ball, SVP Global Supply Chain & Procurement, intends to retire and will assist in transition.
Retention incentive of up to $100,000 if employed until September 6, 2022 and performance metrics met.
10,666 unvested time-based RSUs and 3,438 stock options will vest on September 6, 2022.
PRSUs vest on third anniversary of grant (1,586 on Mar 17, 2024; 7,494 on Mar 4, 2025).
Post-employment consulting fee of $10,000 per month for up to 90 days if requested.

item 5.02 item 9.01

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Departed

David E. Ball

Senior Vice President, Global Supply Chain & Procurement

AVNS · AVANOS MEDICAL, INC.

Effective: 2022-09-06
Filed: May 25, 2022, 7:59 PM ET

On May 19, 2022, David E. Ball, the Senior Vice President, Global Supply Chain & Procurement of Avanos Medical, Inc. (the “Company”), provided notice of his intention to retire from the Company.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

David E. Ball departed as Senior Vice President, Global Supply Chain & Procurement at AVANOS MEDICAL, INC..

Action: provided notice of his intention to retire
Role: Senior Vice President, Global Supply Chain & Procurement

Exact text from the filing

On May 19, 2022, David E. Ball, the Senior Vice President, Global Supply Chain & Procurement of Avanos Medical, Inc. (the “Company”), provided notice of his intention to retire from the Company.

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AVANOS MEDICAL, INC. filing history →

Source: SEC EDGAR

accession 0001606498-22-000058

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