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SEC filingMasco Corporation announced that Group President Jai Shah will depart on July 3, 2026, with a separation agreement providing $1.206 million cash and prorated incentive payments.
Masco Corporation's announcement of Jai Shah's departure from his key role as Group President of Plumbing and Wellness, effective July 3, 2026, signals a leadership transition in a core segment. The separation agreement dated April 16, 2026, provides structured compensation including a $1.206 million cash payment and prorated elements of annual bonus, RSU award, and LTIP, contingent on performance. Notably, Shah forfeits remaining unvested RSUs from a prior retention incentive, balancing retention costs with exit terms. This change may impact segment strategy continuity, warranting investor attention to succession plans.