Simply Good Foods Company

18/07/2024 | Press release | Distributed by Public on 19/07/2024 03:31

Management Change/Compensation Form 8 K

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Effective July 17, 2024, The Simply Good Foods Company (the "Company"), determined that the role of Chief Growth Officer would be eliminated, with the responsibilities previously assigned to this role being realigned to other members of senior management. As a result, Ms. Linda M. Zink, currently the Chief Growth Officer and a named executive officer, will depart the Company effective September 1, 2024.
In connection with her departure, Ms. Zink will receive the benefits she is entitled to under the Company's Second Amended and Restated Executive Severance Plan. In addition, the Compensation Committee of the Board of Directors of the Company determined to accelerate the vesting of 9,944 time-based Restricted Stock Units previously granted to Ms. Zink to September 1, 2024.