Vestis Corporation (VSTS) has issued an announcement.
Vestis Corporation has appointed Bill Seward as its new Executive Vice President & Chief Operating Officer, effective from September 1, 2024. With over three decades of experience in logistics, Seward is set to leave his current role at UPS Supply Chain Solutions to join Vestis. His remuneration includes a $600,000 annual salary, up to a 75% bonus, and substantial equity-based incentives. This strategic move aims to leverage Seward’s extensive industry expertise to bolster Vestis’s operational leadership.
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