Vestis appoints former UPS COO Jim Barber as President and CEO effective June 2, 2025

Vestis Corp

Jim Barber, 64, former UPS COO (2018-2020) with 35-year UPS career, named President and CEO effective June 2, 2025; will also join the Board.
Base salary set at $950,000; target bonus of 125% of base salary; annual equity target of $4 million under LTIP.
Initial sign-on RSU award of $3 million, cliff vesting on third anniversary.
Severance: on non-cause termination, 18 months of base salary plus target bonus paid ratably; on qualifying change-in-control termination, 2x base plus target in lump sum.
Employment agreement includes perpetual non-disclosure, 18-month non-compete and non-solicitation covenants.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Jim Barber

Director

VSTS · Vestis Corp

Effective: 2025-06-02
Filed: May 9, 2025, 7:59 PM ET

Upon his assumption of the role of President and Chief Executive Officer, he will be appointed to serve on the Company’s Board of Directors.

Appointed

Jim Barber

President and Chief Executive Officer

VSTS · Vestis Corp

Effective: 2025-06-02
Filed: May 9, 2025, 7:59 PM ET

On May 5, 2025, Vestis Corporation (the “Company”) appointed Jim Barber as President and Chief Executive Officer, effective as of June 2, 2025

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Jim Barber was appointed as Director at Vestis Corp.

Action: appointed
Role: Director

Exact text from the filing

Upon his assumption of the role of President and Chief Executive Officer, he will be appointed to serve on the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Jim Barber was appointed as President and Chief Executive Officer at Vestis Corp.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

On May 5, 2025, Vestis Corporation (the “Company”) appointed Jim Barber as President and Chief Executive Officer, effective as of June 2, 2025

View on SEC.gov

Vestis Corp filing history →

Source: SEC EDGAR

accession 0001967649-25-000033

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.