Company: KELYB
Filing Date: 2025-11-14
Form Type: 8-K/A
Source: 0001193125-25-283008
Chunk: 1

Company: KELLY SERVICES INC
Filing Date: 2025-11-14
Form: 8-K/A
Chunk 1
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240.12b-2of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |

On February 13, 2025, Kelly Services, Inc. (the “Company”) filed a Current Report on Form 8-Kreporting that Peter Quigley, then President and Chief Executive Officer of the Company, had informed the Company’s Board of Directors (the “Board”) of his intention to retire as an officer in 2025 upon the appointment of his successor. On August 7, 2025, the Company filed a Current Report on Form 8-Kreporting that Mr. Quigley’s successor, Christopher Layden, had been named President and Chief Executive Officer of the Company, effective September 2, 2025, and that Mr. Quigley would remain as a strategic advisor to the Company to ensure a smooth transition and would continue to serve as a member of the Board until the next Annual Shareholders Meeting in May 2026. On November 12, 2025, the Company and Mr. Quigley entered into a Separation and Transition Advisory Services Agreement in connection with Mr. Quigley’s previously announced retirement as President and Chief Executive Officer. Under the agreement, the terms of Mr. Quigley’s employment and compensation remain the same through October 31, 2025. Beginning November 1, 2025, he will remain an employee and provide transition advisory services through April 30, 2026, receiving a monthly payment of $25,000 and continued benefits during this period. His equity awards will vest through the separation date, with unvested awards forfeited thereafter. The 2025 payment under the Short-Term Incentive Plan, if any, will be paid based on the first ten months of his 2025 base salary. The agreement also includes reimbursement for certain business expenses, continuation of specific benefits, and post-employment covenants such as non-competition, non-solicitation,confidentiality, and non-disparagement.Mr. Quigley has provided a general release of claims against the Company, and the