[8-K] Advantage Solutions Inc. Reports Material Event
Advantage Solutions Inc. announced the board approved the appointment of Jeffrey Harsh as Chief Operating Officer, Branded Services, effective August 25, 2025. Mr. Harsh, a 53-year-old executive from The Hershey Company, will succeed Dean General, who will transition to a newly created Chief Industry Development Officer role focused on client and retailer engagement. Mr. Harsh will receive an annual base salary of $460,000, a target bonus of 80% of base salary (with 2025 prorated), an initial restricted stock unit award valued at $250,000, and eligibility for annual equity awards targeted at 100% of base salary commencing in 2026. If terminated without cause or if he resigns for good reason, he is eligible for 12 months of continued base salary, with additional post-change-in-control benefits for certain terminations. The employment offer letter and a press release are filed as Exhibits.
Advantage Solutions Inc. ha annunciato che il consiglio di amministrazione ha approvato la nomina di Jeffrey Harsh a Chief Operating Officer, Branded Services, con decorrenza 25 agosto 2025. Harsh, dirigente 53enne proveniente da The Hershey Company, succederà a Dean General, che verrà trasferito nel neoistituito ruolo di Chief Industry Development Officer, con responsabilità focalizzate sull'ingaggio di clienti e rivenditori. A Harsh è riconosciuta una retribuzione base annua di $460,000, un bonus obiettivo pari al 80% della retribuzione base (prorata per il 2025), un premio iniziale in unità di azioni ristrette del valore di $250,000 e l'idoneità ad assegnazioni azionarie annuali mirate al 100% della retribuzione base a partire dal 2026. In caso di licenziamento senza giusta causa o di dimissioni per giusta ragione, ha diritto a continuare a percepire la retribuzione base per 12 mesi, con ulteriori benefici in determinate cessazioni dopo un change-in-control. La lettera di offerta di lavoro e il comunicato stampa sono depositati come allegati.
Advantage Solutions Inc. anunció que la junta aprobó el nombramiento de Jeffrey Harsh como Chief Operating Officer, Branded Services, con efecto desde el 25 de agosto de 2025. Harsh, un ejecutivo de 53 años procedente de The Hershey Company, sustituirá a Dean General, quien pasará al puesto recién creado de Chief Industry Development Officer, centrado en la relación con clientes y minoristas. Harsh recibirá un salario base anual de $460,000, un bono objetivo del 80% del salario base (prorrateado para 2025), una adjudicación inicial de unidades restringidas de acciones valorada en $250,000 y será elegible para concesiones anuales de acciones con un objetivo del 100% del salario base a partir de 2026. Si es despedido sin causa o dimite por una razón justificada, tendrá derecho a 12 meses de continuidad del salario base, con beneficios adicionales tras un cambio de control para determinadas finalizaciones. La carta de oferta y el comunicado de prensa se presentan como anexos.
Advantage Solutions Inc.� 이사회가 Jeffrey Harsh� Branded Services 담당 최고운영책임�(Chief Operating Officer)� 2025� 8� 25�부� 임명하기� 승인했다� 발표했습니다. 하쉬� The Hershey Company 출신� 53� 임원으로, 고객 � 소매업체와� 협업� 중점� � 신설 직책� Chief Industry Development Officer� 이동하는 Dean General� 후임입니�. 하쉬� 연간 기본급은 $460,000이며, 목표 보너스는 기본급의 80%(2025년은 일할 계산), 초기 제한주식단위(RSU) 부� 가치는 $250,000이고, 2026년부터는 기본급의 100%� 목표� 하는 연간 주식 보상 대상이 됩니�. 정당� 사유 없는 해고 또는 정당� 사유� 의한 사임� 경우 기본급을 12갵ӛ� 계속 지급받� � 있으�, 특정 해고� 대해서� 지배구� 변� 이후(post-change-in-control) 추가 혜택� 제공됩니�. 근로 조건 제안서와 보도자료� 첨부 문서� 제출되어 있습니다.
Advantage Solutions Inc. a annoncé que le conseil d'administration a approuvé la nomination de Jeffrey Harsh au poste de Chief Operating Officer, Branded Services, à compter du 25 août 2025. M. Harsh, un dirigeant de 53 ans issu de The Hershey Company, succédera à Dean General, qui passera au poste nouvellement créé de Chief Industry Development Officer, axé sur l'engagement des clients et des détaillants. M. Harsh percevra un salaire de base annuel de $460,000, un bonus cible de 80% du salaire de base (prorata pour 2025), une attribution initiale d'unités d'actions restreintes d'une valeur de $250,000 et sera éligible à des attributions annuelles d'actions ciblées à 100% du salaire de base à partir de 2026. En cas de licenciement sans motif ou de démission pour motif légitime, il pourra bénéficier du maintien du salaire de base pendant 12 mois, avec des avantages supplémentaires post-change-in-control pour certaines ruptures. La lettre d'offre d'emploi et le communiqué de presse sont déposés en tant qu'annexes.
Advantage Solutions Inc. gab bekannt, dass der Vorstand die Ernennung von Jeffrey Harsh zum Chief Operating Officer, Branded Services, mit Wirkung zum 25. August 2025 genehmigt hat. Harsh, ein 53-jähriger Manager von The Hershey Company, wird Dean General nachfolgen, der in die neu geschaffene Position des Chief Industry Development Officer wechselt, die sich auf die Zusammenarbeit mit Kunden und Händlern konzentriert. Harsh erhält ein jährliches Grundgehalt von $460,000, einen Zielbonus in Höhe von 80% des Grundgehalts (für 2025 anteilig), eine anfängliche Zuteilung von Restricted Stock Units im Wert von $250,000 sowie Anspruch auf jährliche Aktienzuteilungen mit einem Zielwert von 100% des Grundgehalts ab 2026. Bei einer Kündigung ohne Grund oder bei einer aus wichtigem Grund erklärten Kündigung hat er Anspruch auf fortgezahltes Grundgehalt für 12 Monate, mit zusätzlichen Leistungen nach einem Kontrollwechsel (post-change-in-control) für bestimmte Beendigungen. Das Beschäftigungsangebotsschreiben und eine Pressemitteilung sind als Anlagen eingereicht.
- Experienced hire: Jeffrey Harsh brings prior senior roles at The Hershey Company, providing consumer packaged-goods expertise.
- Incentive alignment: Compensation includes an initial $250,000 restricted stock unit grant and ongoing equity awards targeted at 100% of base salary, aligning long-term interests.
- Leadership continuity: Dean General remains on the executive team in a newly created Chief Industry Development Officer role to preserve client and retailer relationships.
- Cash and equity expense: The package includes a $460,000 base salary, bonus opportunity, and equity grants that will increase short-term compensation expense.
- Severance obligation: If terminated without cause or for good reason, Mr. Harsh is eligible for 12 months of continued base salary, which could create payout obligations under certain circumstances.
Insights
Experienced CPG executive hired as COO with equity-heavy pay; routine organizational move with neutral near-term financial impact.
The appointment brings a leader with broad consumer packaged goods experience from The Hershey Company into Advantage's branded services leadership. Compensation mixes base pay, a strong bonus target, and meaningful initial and recurring equity awards, aligning management incentives with shareholder outcomes. The severance protections are standard for senior hires and support continuity but do not indicate material immediate financial exposure on their face.
Employment terms include standard severance and change-in-control protections; internal succession preserves institutional knowledge.
The company documents an orderly executive transition by promoting an external COO while retaining Dean General in a strategic industry-facing role. The Harsh Agreement includes customary release and restrictive covenant requirements tied to severance, and equity awards that vest under the company’s standard terms; these features are consistent with typical governance practices for senior executive recruitment.
Advantage Solutions Inc. ha annunciato che il consiglio di amministrazione ha approvato la nomina di Jeffrey Harsh a Chief Operating Officer, Branded Services, con decorrenza 25 agosto 2025. Harsh, dirigente 53enne proveniente da The Hershey Company, succederà a Dean General, che verrà trasferito nel neoistituito ruolo di Chief Industry Development Officer, con responsabilità focalizzate sull'ingaggio di clienti e rivenditori. A Harsh è riconosciuta una retribuzione base annua di $460,000, un bonus obiettivo pari al 80% della retribuzione base (prorata per il 2025), un premio iniziale in unità di azioni ristrette del valore di $250,000 e l'idoneità ad assegnazioni azionarie annuali mirate al 100% della retribuzione base a partire dal 2026. In caso di licenziamento senza giusta causa o di dimissioni per giusta ragione, ha diritto a continuare a percepire la retribuzione base per 12 mesi, con ulteriori benefici in determinate cessazioni dopo un change-in-control. La lettera di offerta di lavoro e il comunicato stampa sono depositati come allegati.
Advantage Solutions Inc. anunció que la junta aprobó el nombramiento de Jeffrey Harsh como Chief Operating Officer, Branded Services, con efecto desde el 25 de agosto de 2025. Harsh, un ejecutivo de 53 años procedente de The Hershey Company, sustituirá a Dean General, quien pasará al puesto recién creado de Chief Industry Development Officer, centrado en la relación con clientes y minoristas. Harsh recibirá un salario base anual de $460,000, un bono objetivo del 80% del salario base (prorrateado para 2025), una adjudicación inicial de unidades restringidas de acciones valorada en $250,000 y será elegible para concesiones anuales de acciones con un objetivo del 100% del salario base a partir de 2026. Si es despedido sin causa o dimite por una razón justificada, tendrá derecho a 12 meses de continuidad del salario base, con beneficios adicionales tras un cambio de control para determinadas finalizaciones. La carta de oferta y el comunicado de prensa se presentan como anexos.
Advantage Solutions Inc.� 이사회가 Jeffrey Harsh� Branded Services 담당 최고운영책임�(Chief Operating Officer)� 2025� 8� 25�부� 임명하기� 승인했다� 발표했습니다. 하쉬� The Hershey Company 출신� 53� 임원으로, 고객 � 소매업체와� 협업� 중점� � 신설 직책� Chief Industry Development Officer� 이동하는 Dean General� 후임입니�. 하쉬� 연간 기본급은 $460,000이며, 목표 보너스는 기본급의 80%(2025년은 일할 계산), 초기 제한주식단위(RSU) 부� 가치는 $250,000이고, 2026년부터는 기본급의 100%� 목표� 하는 연간 주식 보상 대상이 됩니�. 정당� 사유 없는 해고 또는 정당� 사유� 의한 사임� 경우 기본급을 12갵ӛ� 계속 지급받� � 있으�, 특정 해고� 대해서� 지배구� 변� 이후(post-change-in-control) 추가 혜택� 제공됩니�. 근로 조건 제안서와 보도자료� 첨부 문서� 제출되어 있습니다.
Advantage Solutions Inc. a annoncé que le conseil d'administration a approuvé la nomination de Jeffrey Harsh au poste de Chief Operating Officer, Branded Services, à compter du 25 août 2025. M. Harsh, un dirigeant de 53 ans issu de The Hershey Company, succédera à Dean General, qui passera au poste nouvellement créé de Chief Industry Development Officer, axé sur l'engagement des clients et des détaillants. M. Harsh percevra un salaire de base annuel de $460,000, un bonus cible de 80% du salaire de base (prorata pour 2025), une attribution initiale d'unités d'actions restreintes d'une valeur de $250,000 et sera éligible à des attributions annuelles d'actions ciblées à 100% du salaire de base à partir de 2026. En cas de licenciement sans motif ou de démission pour motif légitime, il pourra bénéficier du maintien du salaire de base pendant 12 mois, avec des avantages supplémentaires post-change-in-control pour certaines ruptures. La lettre d'offre d'emploi et le communiqué de presse sont déposés en tant qu'annexes.
Advantage Solutions Inc. gab bekannt, dass der Vorstand die Ernennung von Jeffrey Harsh zum Chief Operating Officer, Branded Services, mit Wirkung zum 25. August 2025 genehmigt hat. Harsh, ein 53-jähriger Manager von The Hershey Company, wird Dean General nachfolgen, der in die neu geschaffene Position des Chief Industry Development Officer wechselt, die sich auf die Zusammenarbeit mit Kunden und Händlern konzentriert. Harsh erhält ein jährliches Grundgehalt von $460,000, einen Zielbonus in Höhe von 80% des Grundgehalts (für 2025 anteilig), eine anfängliche Zuteilung von Restricted Stock Units im Wert von $250,000 sowie Anspruch auf jährliche Aktienzuteilungen mit einem Zielwert von 100% des Grundgehalts ab 2026. Bei einer Kündigung ohne Grund oder bei einer aus wichtigem Grund erklärten Kündigung hat er Anspruch auf fortgezahltes Grundgehalt für 12 Monate, mit zusätzlichen Leistungen nach einem Kontrollwechsel (post-change-in-control) für bestimmte Beendigungen. Das Beschäftigungsangebotsschreiben und eine Pressemitteilung sind als Anlagen eingereicht.