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Sirius XM | 8-K: Current report

Sirius XM | 8-K: Current report

Sirius XM | 8-K:重大事件
美股sec公告 ·  06/26 09:13
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Sirius XM Holdings Inc. has announced that Joseph A. Verbrugge, the company's Chief Commercial Officer, is set to retire on June 27, 2024, coinciding with the expiration of his current Employment Agreement with subsidiary Sirius XM Radio Inc. To ensure a smooth transition, Verbrugge has agreed to continue in his role full-time until July 31, 2024, with the possibility of an earlier termination at the company's discretion. Following this period, he will serve as a part-time employee and advisor to the CEO until the end of 2024. During his extended tenure, Verbrugge will retain his annual salary, benefits, and eligibility for a pro-rated 2024 annual bonus. No severance benefits will be provided upon retirement, except if his employment is terminated without cause before July 31, 2024, in which case he will receive his base salary up to that date.
Sirius XM Holdings Inc. has announced that Joseph A. Verbrugge, the company's Chief Commercial Officer, is set to retire on June 27, 2024, coinciding with the expiration of his current Employment Agreement with subsidiary Sirius XM Radio Inc. To ensure a smooth transition, Verbrugge has agreed to continue in his role full-time until July 31, 2024, with the possibility of an earlier termination at the company's discretion. Following this period, he will serve as a part-time employee and advisor to the CEO until the end of 2024. During his extended tenure, Verbrugge will retain his annual salary, benefits, and eligibility for a pro-rated 2024 annual bonus. No severance benefits will be provided upon retirement, except if his employment is terminated without cause before July 31, 2024, in which case he will receive his base salary up to that date.
sirius xm控股公司宣布,公司首席商务官Joseph A. Verbrugge将于2024年6月27日退休,与其目前在子公司sirius xm Radio Inc.的雇用协议到期时间相一致。为确保顺利过渡,Verbrugge同意在2024年7月31日之前全职继续担任自己的角色,并在公司自行决定的情况下可能提前终止。在此期间,他将担任CEO的兼职员工和顾问,直至2024年底。在他延长的任期内,Verbrugge将保留他的年薪、福利和资格,以获得2024年的分摊年度奖金。退休后将不提供补偿福利,除非在2024年7月31日之前,由于没有原因终止了他的雇佣关系,在这种情况下,他将获得截至该日期的基本工资。
sirius xm控股公司宣布,公司首席商务官Joseph A. Verbrugge将于2024年6月27日退休,与其目前在子公司sirius xm Radio Inc.的雇用协议到期时间相一致。为确保顺利过渡,Verbrugge同意在2024年7月31日之前全职继续担任自己的角色,并在公司自行决定的情况下可能提前终止。在此期间,他将担任CEO的兼职员工和顾问,直至2024年底。在他延长的任期内,Verbrugge将保留他的年薪、福利和资格,以获得2024年的分摊年度奖金。退休后将不提供补偿福利,除非在2024年7月31日之前,由于没有原因终止了他的雇佣关系,在这种情况下,他将获得截至该日期的基本工资。
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