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Get filing alertsTripAdvisor Chief Legal Officer Seth Kalvert to depart May 1 with severance package
Filed April 2, 2026 · Period ending April 2, 2026 · ~1 min read
Key Changes
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Chief Legal Officer and Secretary Seth Kalvert is leaving effective May 1, 2026, with the departure structured as a 'Qualifying Termination' under the company's executive severance plan, triggering severance payments.
Item 5.02 verify on EDGAR → -
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The company states the departure involves no disagreements on operations, policies, or practices, suggesting an amicable separation rather than termination for cause.
Item 5.02 verify on EDGAR → -
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Kalvert will remain available in an advisory capacity for an unspecified transition period, with terms to be negotiated between the parties.
Item 5.02 verify on EDGAR →
Summary
TripAdvisor announced that Chief Legal Officer Seth Kalvert will step down from his role on May 1, 2026. The departure is being treated as a qualifying termination under the company's executive severance plan, meaning Kalvert will receive a severance package.
The company explicitly noted there were no disagreements on operations, policies, or practices, suggesting this is a planned transition rather than a contentious exit. For retail investors, C-suite departures at this level are worth noting but rarely signal immediate business problems, especially when structured amicably with severance.
The CLO role is important for legal compliance and risk management, but typically has less direct impact on revenue or operations than roles like CFO or COO. Watch for the company's announcement of Kalvert's replacement. A prolonged vacancy or difficulty filling the role could indicate deeper issues, while a quick, qualified hire would suggest normal executive turnover. Also monitor whether any legal or regulatory issues emerge in coming quarters that might provide context for the timing of this departure.
Section-by-Section Diff
Event · Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Compensation filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
Tripadvisor, Inc., a Nevada corporation (the “Company”), and Seth Kalvert have agreed that Mr. Kalvert will leave his position as Chief Legal Officer and Secretary of the Company effective May 1, 2026.
Seth Kalvert is leaving his role as Chief Legal Officer and Secretary effective May 1, 2026. His departure will be treated as a Qualifying Termination under the company's executive severance plan, meaning he will receive severance benefits. The company states this is not due to any disagreements on operations, policies, or practices.
Show 2 minor / wording changes
Added in current filing · verify on EDGAR →
Mr. Kalvert’s departure will be treated as a Qualifying Termination for purposes of the Company’s Amended and Restated Executive Severance Plan and Summary Plan Description (the “Severance Plan”).
The departure qualifies for severance benefits under the company's executive severance plan. This indicates the separation is structured and negotiated rather than for cause, which typically means the company will incur severance costs.
Added in current filing · verify on EDGAR →
Following his departure, Mr. Kalvert has agreed to remain available to the Company for a period of time in an advisory capacity to provide transition and other services. The terms of this arrangement will be mutually agreed upon between the Company and Mr. Kalvert.
After leaving, Kalvert will serve in an advisory role to help with the transition. The specific terms and duration of this advisory arrangement have not yet been finalized and will be agreed upon later.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 16, 2026 · How we verify