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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集團宣佈,其首席商業官Joseph A.Verbrugge將於2024年6月27日退休,屆時他與子公司Sirius XM Radio Inc.的現有僱傭協議相應到期。爲確保平穩過渡,Verbrugge同意全職工作直至2024年7月31日,並存在提前終止的可能性。此期間結束後,他將擔任CEO的兼職僱員和顧問,直到2024年底。在他延長的任期內,Verbrugge將保留其年薪、福利和成爲2024年年度獎金按比例計算的資格。除非在2024年7月31日之前公司無故終止他的僱傭關係,否則退休時不提供解除僱傭福利,此時他將獲得截至該日期的基本工資。
Sirius XM集團宣佈,其首席商業官Joseph A.Verbrugge將於2024年6月27日退休,屆時他與子公司Sirius XM Radio Inc.的現有僱傭協議相應到期。爲確保平穩過渡,Verbrugge同意全職工作直至2024年7月31日,並存在提前終止的可能性。此期間結束後,他將擔任CEO的兼職僱員和顧問,直到2024年底。在他延長的任期內,Verbrugge將保留其年薪、福利和成爲2024年年度獎金按比例計算的資格。除非在2024年7月31日之前公司無故終止他的僱傭關係,否則退休時不提供解除僱傭福利,此時他將獲得截至該日期的基本工資。
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