Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On September 9, 2026, The New York Times Company (the “Company”) announced that Jacqueline Welch would be stepping down as Executive Vice President and Chief Human Resources Officer, effective January 1, 2027 (the “Separation”).…
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On September 9, 2026, The New York Times Company (the “Company”) announced that Jacqueline Welch would be stepping down as Executive Vice President and Chief Human Resources Officer, effective January 1, 2027 (the “Separation”).
In connection with the Separation, Ms. Welch will be eligible to receive severance benefits under The New York Times Company Executive Severance Plan, subject to Ms. Welch’s execution of a general release of claims in favor of the Company and compliance with applicable restrictive covenants. In addition, Ms. Welch has satisfied the applicable age and service requirements for “Retirement” under long-term performance awards granted pursuant to The New York Times Company 2020 Incentive Compensation Plan and is entitled to receive payments pursuant to those awards.