Weyco Group Renews Executive Employment Agreements With Updated Compensation Terms

Reuters01-06

Weyco Group Renews Executive Employment Agreements With Updated Compensation Terms

Weyco Group Inc. has entered into new three-year employment agreements with Chairman and CEO Thomas W. Florsheim, Jr. and President and COO John W. Florsheim, effective January 1, 2026, and ending December 31, 2028. Under these agreements, both executives will receive a base salary subject to increases determined by the Board’s Compensation Committee. They are also eligible for additional compensation, such as bonuses, and can participate in company benefit plans, including retirement and insurance programs. Each executive will continue to have the use of a company-provided automobile. The agreements include severance benefits in cases of termination due to death, disability, or certain other circumstances. Restrictive covenants, including confidentiality and non-compete provisions, also apply for the duration of their employment.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Weyco Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-000687), on January 05, 2026, and is solely responsible for the information contained therein.

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