RGP · Resources Connection, Inc.

Summary

Resources Connection, Inc. entered into a Separation and General Release Agreement with Chief Operating Officer Bhadreskumar Patel, setting his last employment day as May 15, 2026. The Company will pay him salary through that date, provide $1,650,000 cash severance, COBRA subsidy, and accelerated equity vesting, and transition his reports to CEO Roger Carlile without replacing the COO role.

Key takeaways

• Separation Agreement signed March 3, 2026, with COO Bhadreskumar Patel
• Patel's employment ends May 15, 2026
• Salary continuation through May 15, 2026
• Lump sum severance of $1,650,000 (1.5x base salary + target bonus) within 60 days post-separation
• COBRA healthcare subsidy for 18 months
• Full accelerated vesting of unvested equity awards including at target for performance RSUs
• Business unit Presidents to report to CEO Roger Carlile; no COO replacement