secwatch.observer — SEC 8-K summary
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Issuer:     AVANOS MEDICAL, INC. (AVNS)
CIK:        0001606498
Form:       8-K/A
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0001606498-25-000081
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Avanos appoints Jason Pickett as Interim CFO; Greiner departs with $2.1M severance
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- Michael Greiner departs after not being offered comparable role post-interim CEO; receives $2.1M severance, prorated bonus, $50K consulting fee.
- Jason Pickett named Interim CFO and Treasurer effective April 14; salary $350K/year plus $30K/month stipend.
- Pickett granted special $200K TRSU award with 12-month vesting on April 22.
- Warren Machan transitions from Interim CFO to consultant through April 30 at $60K/month; no second bonus.
- Greiner's 54,189 special TRSUs vest immediately; all other unvested equity forfeited.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1606498/000160649825000081/0001606498-25-000081-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1606498/000160649825000081/avns-20250414.htm
  HTML page:      https://secwatch.observer/filing/0001606498-25-000081

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer