Reuters logo
BRIEF-Whole Foods Market enters into a change of control agreement with CFO Keith Manbeck
June 16, 2017 / 1:40 PM / 6 months ago

BRIEF-Whole Foods Market enters into a change of control agreement with CFO Keith Manbeck

June 16 (Reuters) - Whole Foods Market Inc-

* Whole Foods Market says on June 14, co entered into a change of control letter agreement with CFO Keith Manbeck - sec filing

* Whole Foods - agreement provides if on change of control, manbeck’s employment is terminated without cause, he will be entitled to receive lump sum cash payment of $2 million

* Whole Foods - agreement provides, among other things, if termination occurs before co pays annual bonuses for 2017, manbeck to get additional cash payment of $975,000 Source text: (bit.ly/2sxicqx) Further company coverage:

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below