Company: KELYB
Filing Date: 2025-08-07
Form Type: 8-K
Source: 0000055135-25-000046
Chunk: 1

Company: KELLY SERVICES INC
Filing Date: 2025-08-07
Form: 8-K
Item: Item 5.02
Chunk 1
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Item 5.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 7, 2025, the Company appointed Nicholas A. Zuhlke, to serve as the Company’s Vice President, Controller and Chief Accounting Officer, effective August 11, 2025.

Prior to joining the Company, Mr. Zuhlke, age 45, served as Chief Accounting Officer of DexKo Global Holdings Inc. (“ DexKo”), a multinational industrial manufacturer and distributor of highly engineered running gear, since 2022 and Director of Accounting and Financial Reporting from 2017-2021. Mr. Zuhlke served in various accounting leadership roles since 2002. He earned a Bachelor of Business Administration from Baker College, a Master of Science in Finance from Walsh College, and is a Certified Public Accountant in the State of Michigan.

In connection with his appointment as Vice President, Controller and Chief Accounting Officer of the Company, Mr. Zuhlke will receive (i) an annual base salary of $365,000 and a target annual bonus opportunity of 50% of his annual base salary pursuant the Company’s Annual Incentive Plan, (ii) a cash sign-on bonus of $50,000, (iii) annual equity-based awards under the Kelly Services, Inc. 2025 Equity Incentive Plan, which, subject to the approval of the Compensation Committee of the Board of Directors of the Company in its sole discretion, shall be granted beginning on the Company’s 2026 annual award grant date, and (iv) a sign on equity grant in the amount of $130,000 in stock grant awards, which will vest in three equal annual installments subject to Mr. Zuhlke’s continued employment. In addition, Mr. Zuhlke shall be eligible to participate in the Company’s General Severance Plan, and health, welfare and retirement benefits on the same basis as all other Company employees. A copy of the press release announcing the appointment is filed as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits