Whirlpool Corporation has reported the departure of Alessandro Perucchetti, who served as the Executive Vice President and President of Whirlpool North America. His resignation is effective as of January 1, 2026, as part of the company's ongoing talent planning process. Perucchetti's employment officially ended on March 31, 2026, following a Waiver and Release Agreement with the company. Under the terms of this agreement, he will receive a total of $2,997,560 in two installments, with the first payment due within 30 days of his termination and the second scheduled for March 2027. Additionally, he will be eligible for a prorated annual incentive award based on the company's performance in 2026. This leadership change is part of Whirlpool's strategic efforts to ensure effective management and operational execution as it navigates the evolving market landscape. The company emphasizes that all payments are contingent upon Perucchetti's compliance with the agreement's terms, including a waiver and release of claims against Whirlpool and adherence to restrictive covenants for two years post-termination.

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