Company: PRGO
Filing Date: 2025-06-04
Form Type: 8-K
Source: 0001193125-25-134980
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Company: PERRIGO Co plc
Filing Date: 2025-06-04
Form: 8-K
Item: Item 5.02
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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 June 2, 2025, Ronald Janish and Perrigo Company plc (“ Perrigo” or the “ Company”) reached mutual agreement regarding his planned retirement. As agreed, Mr. Janish will step down from his current position as Executive Vice President, Global Operations and Supply Chain of the Company, effective June 23, 2025. Following such date, Mr. Janish will continue in an advisory capacity until September 30, 2025.

Subject to a general release of claims and other applicable obligations, upon his separation from the Company, Mr. Janish will be entitled to a lump sum severance payment equal to 2.5 times his base salary and target annual bonus and statutory redundancy payments under the Company’s Irish Severance Programme, as well as continued vesting of his equity awards pursuant to his employment agreement. The foregoing summary is qualified in its entirety by reference to Mr. Janish’s compromise waiver agreement, a copy of which is attached hereto as Exhibit 10.1.