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

In Mr. Bruehlman's new role as Executive Vice President and interim Chief Financial Officer, effective August 1, 2020, he will receive an annual base salary of $860,000, with an annual incentive target of 100% of his base salary, subject to the terms and conditions of the Company's annual incentive program. In connection with his appointment, Mr. Bruehlman will also receive a restricted stock unit award on August 3, 2020, having an aggregate grant date fair value equal to $2,700,000, that vests ratably on each of the first three anniversaries following the grant date, subject to the terms and conditions of the Company's 2017 Incentive and Stock Award Plan. Mr. Bruehlman will also participate in the Company's standard benefit plans in the U.S. available to executives at his level in accordance with their terms.

--------------------------------------------------------------------------------

© Edgar Online, source Glimpses