An announcement from Children’s Place (PLCE) is now available.
Maegan Markee, the Brand President of the Company, will part ways with the organization on June 14, 2024, but not due to any disagreements on operations or policies. She’s set to receive a $1.45 million separation payment and has agreed to a release of claims, forfeiting her rights to restricted stock units and certain compensations. Details of the separation will be disclosed in the Company’s upcoming quarterly report.
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