Turtle Beach adopts executive severance policy offering 3 months base pay, up to $3,000 outplacement reimbursement

Reuters2026/08/03 10:06

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Turtle Beach adopted an executive severance policy on July 28, 2026 covering the CEO and certain other executives.
Termination without cause triggers three months of base salary, up to USD 3,000 outplacement reimbursement, health premium support up to three months.
A separate severance agreement for Megan Wynne was signed July 29, 2026.
Qualifying exit provides 12 months of base salary; within six months of a change in control, payout shifts to 1.5x salary lump sum.
Agreement also includes a pro-rata annual bonus, continued group health plan participation for up to 12 months via COBRA election.

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. Turtle Beach Corporation 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: 0001193125-26-329128), on August 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Turtle Beach adopts executive severance policy offering 3 months base pay, up to $3,000 outplacement reimbursement

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