Hasbro CEO Christian Cocks signs amended contract extending term to December 31, 2027
On May 22, 2024, Hasbro entered an amended and restated employment agreement with CEO Christian P. Cocks that extends his employment term to December 31, 2027 and raises his target annual bonus from 150% to 175% of base salary. The filing also expands his severance terms if he is terminated without Cause or resigns for Good Reason within 24 months after a change in control.
Key points
- Term extended to December 31, 2027, with automatic one-year renewals unless notice of non-renewal is given
- Target annual management incentive bonus increased from 150% to 175% of base salary
- After a change in control, a termination without Cause or resignation for Good Reason within 24 months triggers a lump sum of three times base salary plus target bonus
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:11 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 24, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.