LCI Industries EVP Chief Legal and HR Officer Andrew Namenye to resign, leaving July 31, 2025
LCI Industries said its Executive Vice President, Chief Legal and HR Officer and Corporate Secretary, Andrew Namenye, will voluntarily resign, with employment ending July 31, 2025 under a Separation Agreement signed June 6, 2025. His duties will be transitioned to others before that date, and the filing lists severance and benefits he will receive, which could add cost for the company.
Key points
- Namenye notified the company of his resignation on June 6, 2025; his salary, benefits and title stay the same until the Separation Date of July 31, 2025.
- Severance includes $1.25 million in base salary payable over 24 months and $887,418 in bonus-based pay payable over 24 months.
- Additional payments include $662,500 tied to the current management incentive plan, due no later than January 9, 2026, and a $15,000 COBRA lump sum.
- The agreement also accelerates vesting of all unvested restricted stock units and provides six months of outplacement services, subject to a further release.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 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 June 09, 2025.
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.