The news of their exits was included in a Securities & Exchange filing, and was related to the previously announced consolidation of the offices of Skullcandy.
In the filing, Skullcandy said it deemed their resignation in connection with the consolidation of the offices to be an effective termination without cause, entitling both individuals to the severance payments and other benefits set forth in their offer letters.
To facilitate an orderly transition, Behle has agreed to continue in his role as VP, international sales until August 9 and Morley agreed to continue in his role until Sept. 3, 2013.
As previously disclosed on June 17, 2013, Kyle Wescoat notified the company of his intention to resign from his position as senior vice president and chief financial officer in order to pursue other opportunities closer to his home in Southern California. To facilitate an orderly transition, Wescoat has agreed to continue in his role until Oct. 4.
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