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NYSE: WHR WHIRLPOOL CORP /DE/ 8-K

Whirlpool finalizes $3M severance for departing Executive VP Alessandro Perucchetti

Filed April 3, 2026 · Period ending March 31, 2026 · ~1 min read

Key Changes

  • medium

    Former Executive VP Alessandro Perucchetti's employment officially ended March 31, 2026, with $3 million severance paid in two installments (first within 30 days, second in March 2027).

  • low

    Perucchetti remains eligible for a prorated 2026 bonus based on company performance, to be determined by the Board in February 2027, potentially increasing total exit compensation.

  • low

    Severance is contingent on Perucchetti waiving all claims, complying with two-year restrictive covenants (non-compete/non-solicitation), and providing ongoing cooperation.

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Source-verified from EDGAR · Narrative written by AI · Jun 3, 2026 · How we verify