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ManpowerGroup (MAN) refreshes change-of-control severance pacts for top executives

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

ManpowerGroup Inc. updated its severance and post-employment arrangements for four senior leaders through new letter agreements dated February 13, 2026. The agreements cover Jonas Prising, Becky Frankiewicz, John (“Jack”) McGinnis, and Michelle S. Nettles and provide severance, other post-employment benefits, and post-employment restrictive covenants.

The new letters replace prior, similar agreements and are described as being in substantially the same form as the ones they supersede. Each agreement will expire on the earlier of two years after a change of control of ManpowerGroup or February 28, 2029, if no change of control occurs by that date.

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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): February 13, 2026

 

 

MANPOWERGROUP INC.

(Exact name of registrant as specified in its charter)

 

 

 

Wisconsin   1-10686   39-1672779
(State or other jurisdiction
of incorporation)
 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

100 Manpower Place  
Milwaukee, Wisconsin   53212
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (414) 961-1000

 

(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:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading
Symbol(s)

 

Name of each exchange
on which registered

Common Stock, $.01 par value   MAN   New York Stock Exchange

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.

On February 13, 2026, ManpowerGroup Inc. (the “Company”) entered into a letter agreement with each of Jonas Prising, Becky Frankiewicz, John (“Jack”) McGinnis, and Michelle S. Nettles that provides for severance and other post-employment benefits and contains certain post-employment restrictive covenants. The letter agreements replace similar agreements previously entered into by each of Mr. Prising, Ms. Frankiewicz, Mr. McGinnis, and Ms. Nettles. The new letter agreements expire on the first to occur of (1) the date two years after the occurrence of a change of control of the Company or (2) February 28, 2029, if no such change of control occurs before February 28, 2029. Aside from the new term, the letter agreements are in substantially the same form as the agreements they replace.

 

Item 9.01

Financial Statements and Exhibits

 

Exhibit
No.

  

Description

10.1    Letter Agreement dated February 13, 2026, between the Company and Jonas Prising
10.2    Letter Agreement dated February 13, 2026, between the Company and Becky Frankiewicz
10.3    Letter Agreement dated February 13, 2026, between the Company and John (“Jack”) McGinnis
10.4    Letter Agreement dated February 13, 2026, between the Company and Michelle S. Nettles
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.

 

    MANPOWERGROUP INC.
Dated: February 19, 2026     By:  

/s/ Michelle S. Nettles

    Name:   Michelle S. Nettles
    Title:   Chief People and Legal Officer

Filing Exhibits & Attachments

7 documents
Manpowergroup

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