Bloomin’ Brands (NASDAQ: BLMN) EVP Healy to leave role in October 2025
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Bloomin’ Brands, Inc. announced that W. Michael Healy, Executive Vice President, Strategy & Transformation, will depart the company effective October 13, 2025. His severance benefits will follow the company’s previously disclosed executive severance policy and his equity award agreements, as described in the March 4, 2025 proxy statement.
The company states that Mr. Healy’s departure is not due to any disagreement regarding its operations, policies, or practices, indicating this is a negotiated transition rather than a dispute-driven exit.
Positive
- None.
Negative
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8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What executive change did Bloomin’ Brands (BLMN) disclose in this 8-K?
Bloomin’ Brands disclosed that W. Michael Healy, Executive Vice President, Strategy & Transformation, will depart the company effective October 13, 2025. The filing classifies this as a leadership change under Item 5.02, covering departures of certain officers.
When will W. Michael Healy’s departure from Bloomin’ Brands (BLMN) become effective?
His departure becomes effective on October 13, 2025. This date marks the end of his role as Executive Vice President, Strategy & Transformation, as disclosed in the current report filed under Item 5.02 regarding officer departures and related arrangements.
Will W. Michael Healy receive severance when leaving Bloomin’ Brands (BLMN)?
Yes. The 8-K states he will receive severance benefits consistent with Bloomin’ Brands’ previously disclosed severance policy for executive officers and his equity award agreements, with the material terms described in the company’s proxy statement filed March 4, 2025.
Where were the key severance terms for Bloomin’ Brands (BLMN) executives previously described?
The 8-K explains that the material terms of the executive severance policy and related equity award arrangements were previously described in Bloomin’ Brands’ most recent proxy statement, which was filed with the Securities and Exchange Commission on March 4, 2025.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 30, 2025
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | ||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (813 ) 282-1225
N/A
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
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$ | The (Nasdaq Global Select Market) | ||||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
W. Michael Healy, Executive Vice President, Strategy & Transformation of Bloomin’ Brands, Inc. (the “Company”), will be departing the Company, effective October 13, 2025.
In connection with his departure, Mr. Healy will be entitled to severance benefits consistent with the terms of the Company’s previously disclosed severance policy applicable to executive officers and his equity award agreements. The material terms were described in the Company’s most recent proxy statement, filed with the Securities and Exchange Commission on March 4, 2025.
Mr. Healy’s departure is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies, or practices.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number | Description | ||||||||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||||||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLOOMIN’ BRANDS, INC. | |||||||||||
| (Registrant) | |||||||||||
| Date: | September 30, 2025 | By: | /s/ Kelly Lefferts | ||||||||
| Kelly Lefferts | |||||||||||
| Executive Vice President and Chief Legal Officer | |||||||||||