EVP Global Transformation Kevin Lilly retired Jan 3, 2025; separation benefits and equity vesting per agreement

JELD-WEN Holding, Inc.

Kevin Lilly retired effective January 3, 2025 as Executive Vice President, Global Transformation.
Receives separation payments and benefits under employment agreement for qualifying termination.
Continued vesting of RSUs, PSUs, and stock options from February 2022, 2023, and 2024 grants as if still employed.
Remains subject to non-competition and non-solicitation restrictive covenants.
Retirement was previously announced; separation terms align with existing agreement.

item 5.02

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Departed

Kevin Lilly

Executive Vice President, Global Transformation

JELD · JELD-WEN Holding, Inc.

Effective: 2025-01-03
Filed: January 10, 2025, 6:59 PM ET

On January 3, 2025, JELD-WEN Holding, Inc. (the “Company”) entered into a Separation and Release Agreement with Kevin Lilly, Executive Vice President, Global Transformation, in connection with his previously announced decision to retire from the Company on such date.

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Executive change SEC 8-K Item 5.02 confidence 1.0

Kevin Lilly retired as Executive Vice President, Global Transformation at JELD-WEN Holding, Inc..

Action: retired
Role: Executive Vice President, Global Transformation

Exact text from the filing

On January 3, 2025, JELD-WEN Holding, Inc. (the “Company”) entered into a Separation and Release Agreement with Kevin Lilly, Executive Vice President, Global Transformation, in connection with his previously announced decision to retire from the Company on such date.

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JELD-WEN Holding, Inc. filing history →

Source: SEC EDGAR

accession 0001674335-25-000003

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