Whirlpool ex-North America president Perucchetti to receive $2,997,560 under exit deal
Whirlpool disclosed that Alessandro Perucchetti, formerly Executive Vice President and President of Whirlpool North America, stepped down from his executive officer role effective January 1, 2026, and his employment ended March 31, 2026. He will receive $2,997,560 in two installments under a Waiver and Release Agreement, and the payments depend on his compliance with its terms. The filing describes a routine executive departure and does not report any change to company financial results.
Key points
- Executive officer role ended effective January 1, 2026, as part of talent planning; employment terminated March 31, 2026
- Payment of $2,997,560: first installment within 30 days of termination, second in March 2027
- Eligible for a prorated 2026 annual incentive award, to be determined by the Human Resources Committee in February 2027
- Payments are contingent on a waiver and release of claims, two years of restrictive covenants, and ongoing cooperation
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing 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 April 03, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.