Short answer
LCI INDUSTRIES (LCII) filed an 8-K current report with the SEC on June 23, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers). Amended agreements for Ryan Smith, Group President North America, and Jamie Schnur, President Aftermarket & Technology Groups.
LCI INDUSTRIES 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Amended agreements for Ryan Smith, Group President North America, and Jamie Schnur, President Aftermarket & Technology Groups
- Approved retirement or death now triggers severance comparable to termination without cause
- Smith’s cash-severance multiple reduced from 3x to 2x base salary plus average bonus
- Smith’s severance payment and restrictive-covenant periods shortened from 36 to 24 months
- Agreements apply Good Reason protections to executives’ stock-based awards
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