Turtle Beach adopts executive severance policy offering 3 months base pay, up to $3,000 outplacement reimbursement
HEAR•Executive severance policy and separate agreement
- Turtle Beach adopted an executive severance policy on July 28, 2026 covering the CEO and certain other executives.
- Termination without cause triggers three months of base salary, up to USD 3,000 outplacement reimbursement, and health premium support up to three months.
- A separate severance agreement for Megan Wynne was signed July 29, 2026.
- A qualifying exit provides 12 months of base salary; within six months of a change in control, the payout shifts to 1.5x salary as a lump sum.
- The agreement also includes a pro-rata annual bonus and continued group health plan participation for up to 12 months via COBRA election.
