leadership
confidence high
sentiment neutral
materiality 0.45
Veralto CLO Sylvia Stein to depart Oct 31; severance of $592,250 plus continued equity vesting
Veralto Corp
- Sylvia Stein, SVP & Chief Legal Officer, steps down Oct 31, 2025; remains in transition role until Jan 2, 2026.
- Receives $592,250 severance (52 weeks base pay), COBRA subsidy, and all outstanding equity awards vest through separation.
- 2025 annual target incentive (with company financial factor) paid in March 2026; 2026 target incentive paid in Jan 2026.
- Departure not due to any disagreement on accounting principles, financial disclosure, or internal controls.
- Non-disparagement and amended restrictive covenants included; non-compete period reduced to 12 months.
item 5.02item 9.01