Net: expected leadership continuity with a modestly negative compensation overlay. Patrick Pacious’s board resignation and the end of his advisory role occur on the previously announced August 31 transition date, so that portion is confirmation rather than new information. 〔0〕 The filing therefore lands as a mixed event: it closes an open succession question, but does not improve the financial outlook and adds more generous retention and severance obligations.
Read the original 8-K on SEC EDGAR ↗