LCI Industries updates employment agreements for Smith, Schnur, adds retirement severance terms
LCI Industries LCII | 0.00 |
- LCI Industries unit Lippert Components entered amended, restated employment agreements with Ryan R. Smith, Jamie M. Schnur, effective June 19, 2026.
- Approved retirement or death triggers the same severance as termination without cause or resignation for good reason.
- Smith’s cash severance multiple cut to 2x from 3x base salary and average bonus.
- Smith’s severance payment period reduced to 24 months from 36 months; post-employment restrictive covenant period also shortened to 24 months.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LCI Industries published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000763744-26-000038), on June 23, 2026, and is solely responsible for the information contained therein.
