The New York Times Co. CHRO to Step Down; Severance, Retirement Awards Eligible

What Happened

• The New York Times Company filed an 8-K on September 9, 2026 (Item 5.02) announcing that Jacqueline Welch will step down as Executive Vice President and Chief Human Resources Officer, effective January 1, 2027.
• In connection with her separation, Ms. Welch is eligible for severance under the Company’s Executive Severance Plan (subject to execution of a general release and compliance with restrictive covenants). She also meets the age and service requirements for “Retirement” treatment under long-term performance awards granted under the 2020 Incentive Compensation Plan and is entitled to payments under those awards.

Key Details

• Effective date of separation: January 1, 2027.
• Severance eligibility: Under The New York Times Company Executive Severance Plan, conditional on a general release of claims and compliance with restrictive covenants.
• Long-term awards: Ms. Welch satisfies age/service requirements for “Retirement” under the 2020 Incentive Compensation Plan and will receive payments pursuant to those awards.
• Disclosure filed: Form 8-K, Item 5.02 (departure of certain officers), filed September 9, 2026.

Why It Matters

• Leadership change: Departure of a senior HR executive could affect HR strategy and continuity, though the filing does not name a successor.
• Compensation and expense: Eligibility for severance and retirement treatment of long-term awards may lead to future cash or equity payouts; the filing does not disclose dollar amounts or timing.
• What investors should note: The announcement is procedural and focuses on benefits eligibility and plan treatment; monitor subsequent filings or press releases for replacement details and any disclosed financial impact.