Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Departure of Directors or Certain Officers
On August 3, 2021, Iron Mountain Incorporated (the "Company") and Ernest W.
Cloutier mutually agreed that Mr. Cloutier would step down as the Company's
Executive Vice President and General Manager, Global Records and Information
Management to pursue other opportunities. Mr. Cloutier's departure is not a
result of any disagreement with the Company.
The Company expects to enter into a separation agreement with Mr. Cloutier
pursuant to which Mr. Cloutier will continue to serve as the Company's Executive
Vice President and General Manager, Global Records and Information Management
until September 30, 2021, after which Mr. Cloutier will remain with the Company
for transition purposes through December 31. 2021. The separation agreement
between the Company and Mr. Cloutier will provide that Mr. Cloutier, in
connection with his departure, will be entitled to benefits under Iron Mountain
Companies Severance Plan and Severance Program Number 1, which are described
under "Termination and Change of Control Arrangements" in the Company's proxy
statement filed with the Securities and Exchange Commission on April 2, 2021.
Beginning October 1, 2021, Greg McIntosh, who currently serves as the Company's
Executive Vice President, Chief Commercial Officer, Field Operations, will
assume the position of Executive Vice President, General Manager, Global Records
and Information Management.
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101 Cover Page Interactive Data File - the cover page XBRL tags are embedded
within the Inline XBRL document.
104 The cover page from this Current Report on Form 8-K, formatted as Inline
XBRL.
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