The New York Times Company will have Jacqueline Welch step down as executive vice president and chief human resources officer on January 1, 2027. The transition matters to investors because Welch may receive severance benefits and payments tied to long-term performance awards, subject to release and restrictive-covenant conditions.

Key Highlights

  • Severance eligibility depends on a general release of claims and compliance with applicable restrictive covenants.
  • Welch qualifies for retirement treatment under long-term awards issued through the 2020 Incentive Compensation Plan.
  • Jacqueline Welch will leave her roles as executive vice president and chief human resources officer on January 1, 2027.
  • The transition includes severance eligibility and payments connected with long-term performance awards.

NEW YORK TIMES CO (NYSE: NYT) will undergo a senior human-resources Leadership change on January 1, 2027, when Jacqueline Welch leaves her roles as executive vice president and chief human resources officer. The transition also involves severance eligibility and payments connected with long-term performance awards. Those awards entitle her to receive payments.

Jacqueline Welch currently holds both the executive vice president and chief human resources officer positions. The stated financial consequences of the transition are severance eligibility and award payments, with the former subject to release and covenant requirements.