secwatch.observer — SEC 8-K summary
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Issuer:     Utz Brands, Inc. (UTZ)
CIK:        0001739566
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0001739566-21-000197
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Utz Brands appoints Pamela Stewart to Board of Directors; sets chairman cash retainer at $90k
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- Board increased from 10 to 11 members; Stewart appointed effective Jan 3, 2022, serving on Compensation Committee.
- Stewart is President, West Zone Operations, NA at Coca-Cola (20+ years); brings CPG and retailer experience.
- Stewart receives annual cash retainer of $75,000 and $125,000 in RSUs, prorated for first year.
- Director compensation amended: chairman cash retainer set at $90,000; previously undisclosed.
- Directors Deromedi and Giordano, who waived compensation in FY2020-21, will receive cash and equity from FY2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1739566/000173956621000197/0001739566-21-000197-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1739566/000173956621000197/utz-20211209.htm
  HTML page:      https://secwatch.observer/filing/0001739566-21-000197

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