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JBT > SEC Filings for JBT > Form 8-K on 26-Mar-2014All Recent SEC Filings

Show all filings for JOHN BEAN TECHNOLOGIES CORP

Form 8-K for JOHN BEAN TECHNOLOGIES CORP


26-Mar-2014

Change in Directors or Principal Officers


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

(b) On March 21, 2014, Kenneth C. Dunn, the Company's Vice President, Assistant Secretary and General Counsel, notified the Company that he intends to retire from his current position effective April 30, 2014, and he will provide transitional legal and corporate sustainability advice and services to the Company through June 30, 2014. In the period from April 30 to his date of departure, Mr. Dunn will continue to be paid at his current compensation level including perquisites. Upon his retirement in July, Mr. Dunn will receive a lump sum payment equivalent to four months of his current base salary. Mr. Dunn will not participate in the Company's 2014 annual incentive or long-term incentive programs. Mr. Dunn's outstanding equity awards at his retirement will continue to be governed by all of the terms of the Company's equity plan and the applicable award agreements.


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