UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_______________________
FORM
________________________
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE 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
(b) and (e). The employment of Christopher M. Daniels, Chief Human Resources Officer of REV Group, Inc. (the “Company”), will terminate effective June 30, 2023 (the “Separation Date”).
In connection with Mr. Daniels’s termination of employment, the Company entered into a separation agreement with Mr. Daniels (the “Separation Agreement”). Under the Separation Agreement, Mr. Daniels will receive separation benefits consisting of 12 months of salary continuation at his final base rate of pay and a monthly payment equal to the employer portion of monthly health premiums for up to 12 months, consistent with the Company’s severance policy. The Separation Agreement also includes confidentiality and non-disparagement covenants, as well as a release of claims in favor of the Company and its affiliates.
The foregoing is only a summary of the Separation Agreement and is qualified in its entirety by reference to the full and complete terms of the Separation Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit Number |
Description | |
| 10.1 | Separation Agreement and General Release, dated as of June 20, 2023, between REV Group, Inc. and Christopher M. Daniels | |
| 104 | Cover Page Interactive Data File (formatted in iXBRL) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| REV Group, Inc. | |||
| Date: June 20, 2023 | By: | /s/ Mark A. Skonieczny | |
| Mark A. Skonieczny | |||
| Chief Executive Officer | |||