Nextdoor Holdings (KIND) has issued an update.
Heidi Andersen and John Orta, key management members at a certain company, will be resigning from their roles on May 8, 2024. Their departures are part of a planned transition and are not due to any disagreements with the company’s direction. Both are expected to sign Separation Agreements that align with previous severance terms, including a six-month base salary payout and the option to extend health benefits, with the company covering the insurance premiums for that period. These agreements will also feature a release of claims in favor of the company.
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