The Shyft Group (SHYF) Terminates Chief HR Officer

On May 30, 2024, the Board of Directors of The Shyft Group (NASDAQ: SHYF) terminated, without cause, the employment of Colin Hindman, Shyft’s current Chief Human Resources Officer, effective June 14, 2024. Mr. Hindman will cease serving as an officer of the Company on June 3, 2024, and will transition his duties over the subsequent two weeks. In addition to accrued compensation and benefits, Mr. Hindman is expected to receive substantially the compensation and benefits to which he is entitled under the Company’s Executive Severance Plan for a termination without cause. The Company expects to enter into a transition and separation agreement with Mr. Hindman to memorialize the terms of his departure from the Company.

You May Also Be Interested In

• Circle board member resigns after nearly 13 years of service
• Starbucks designates Val Bauduin as principal accounting officer
• Super League Enterprise (SLE) files for 1.07M share offering by selling stockholders