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Noodles & Co ( (NDLS) ) just unveiled an update.
Brad West, the COO of Noodles & Company, is set to retire on June 30, 2025. Until his successor is appointed, West will remain COO and then transition to a Chief of Staff role. He will retain his salary, benefits, and bonus eligibility, and if he stays in good standing, he’ll receive a $100,000 retention bonus. No severance will be provided upon his retirement, but if terminated earlier without cause or for a good reason, he’ll get his base salary until June 30, 2025, and potentially more if a company change of control occurs.
See more insights into NDLS stock on TipRanks’ Stock Analysis page.