Andersons, Inc. (ANDE): CHRO Sarah J. Zibbel terminated without cause

ANDE · Nasdaq · Wholesale-Farm Product Raw Materials · Large accelerated filer · OH · Form 8-K filed 2026-10-23

Sarah J. Zibbel, Executive Vice President and Chief Human Resources Officer, terminated without cause effective October 31, 2026, with severance and partial equity retention.

Open seatNo successor namedTerminated without causeEffective within 30 days

Events in this filing

1 event: Departure (CHRO).

Names, stated reasons, successor status, compensation terms and the evidence quotes are shown to subscribers. See plans

Item 5.02 as filed

Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 21, 2026, the Andersons, Inc. (the "Company") notified Sarah J. Zibbel, Executive Vice President, Chief Human Resources Officer, that a decision had been made to eliminate her position as part of a restructuring of the human resources department. As a result, Ms. Zibbel’s employment will terminate October 31, 2026. Ms. Zibbel will be entitled to benefits payable in the event of a qualifying termination under the Company's Change in Control & Severance policy. In addition, Ms. Zibbel will retain her outstanding restricted stock units and be eligible to receive a pro-rated portion of the performance shares units (“PSUs”) granted in 2024 that are earned based on actual performance through the three-year performance period ending in 2026. Ms. Zibbel’s PSUs granted in 2025 and 2026 will be forfeited.

Source filing on EDGAR →