PERRIGO Co plc (PRGO) Form 8-K — Jul 6, 2026
Perrigo Company plc reinstated its Executive Committee Severance Policy on June 29, 2026, reversing a termination that occurred in January 2020. The policy is effective during a specific transition period related to the change in Chief Executive Officer. The policy covers executive officers, excluding the Interim CEO and the incoming successor, spanning from June 7, 2026, until 12 months after the new CEO commences employment. This timeline is anchored to the succession following former CEO Patrick Lockwood-Taylor.
Key figures
- Severance duration
- 18 months
- Severance multiple
- 1.5x base salary + target bonus
- Transition period start
- June 7, 2026
Price after filing
Close on the filing date to close N calendar days later (from $11.09). Historical, not a forecast.
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