UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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SECURITIES EXCHANGE ACT OF 1934
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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.
Departure of Chief Commercial Officer
On February 16, 2024, YETI Holdings, Inc. (“YETI” or the “Company”) notified S. Faiz Ahmad, Senior Vice President, Chief Commercial Officer, that his employment with the Company would terminate effective as of March 1, 2024. Mr. Ahmad will provide transition services as a consultant to the Company for a period of three months following the termination of his employment at a rate of $10,000 per month. In connection with the termination of his employment, Mr. Ahmad and the Company entered into a Separation Agreement pursuant to which Mr. Ahmad will receive the benefits to which he is entitled under YETI’s Senior Leadership Severance Benefits Plan.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| YETI Holdings, Inc. | ||
| Date: February 20, 2024 | By: | /s/ Bryan C. Barksdale |
| Bryan C. Barksdale | ||
| Chief Legal Officer and Secretary | ||