Evergy executive departs, selling $3m in stock

KANSAS (KSNT) - An Evergy executive has sold over $3 million in stock and will be stepping down from the position.

On Nov. 8, Evergy filed a report with the Securities Exchange Commission (SEC) announcing the departure of Kevin E. Bryant from the position of Chief Operating Officer. He will serve as the Executive Vice President of Corporate Initiatives and continue to advise Evergy’s Chairman, President and Chief Executive Officer David A. Campbell.

"All severance benefits under the Severance Plan for Mr. Bryant are contingent upon Mr. Bryant’s execution and non-revocation of a general release of claims against Evergy," Evergy wrote in the filing. "The Evergy Companies are not currently planning to fill the Chief Operating Officer role."

Five days later on Nov. 13, Evergy filed a report for a proposed stock sale. In the filing, Evergy informs the SEC that Kevin E. Bryant will sell 48,141 shares he received as compensation. The total value of the shares at the time of filing was $3,065,618.

Evergy said Bryant's departure didn't come from any disagreements with the company. Bryant's last day as COO will be Dec. 31, 2024, according to the filing.

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