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  "documentTitle": "Macellum Spartan Nash Presentation May 2022",
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  "notes": "Uses an SEC Form 8-K filing as primary evidence to support the claim of misaligned compensation.",
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      "text": "On December 27, 2021, SpartanNash announced it had entered into employment agreements, which included higher payouts for President and CEO Mr. Sarsam, EVP and CFO Mr. Monaco and EVP and Chief Human Resources Officer Ms. Yvonne Trupiano in the event of a change of control",
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      "text": "These new agreements were made after Macellum nominated and met with SpartanNash's executive leadership team",
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      "text": "Source: Bloomberg LP, Company SEC Filings, SpartanNash.com. Macellum Advisors GP, LLC",
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      "text": "ISSUE #4: THE BOARD HAS OVERSEEN MISALIGNED EXECUTIVE COMPENSATION",
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