Jason Ausher
About Jason Ausher
Jason Ausher is Primo Brands’ Chief Accounting Officer (Principal Accounting Officer) and has served in this role since November 2024; he is age 51 and a long-tenured finance leader at the company and its predecessor, Primo Water, with roles dating back to 2008 . He is a signatory on the company’s 2025 quarterly SEC filings, underscoring his responsibility for financial reporting and controls . While the proxy does not disclose company TSR, revenue growth, or EBITDA growth outcomes under his tenure, the long‑term incentive framework for executives emphasizes pay-for-performance via PSUs tied to relative TSR versus the S&P 400 over a three-year period, aligning incentives to shareholder returns .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Primo Brands Corporation | Chief Accounting Officer; Principal Accounting Officer | Nov 2024–present | Signatory on Form 10‑Q filings, responsible for accounting and reporting |
| Primo Water Corporation | Chief Accounting Officer | May 2015–Nov 2024 | Senior accounting leadership for predecessor company |
| Primo Water Corporation | VP Treasurer, Corporate Development | 2011–2015 | Finance and corporate development responsibilities (as disclosed) |
| Primo Water Corporation | Corporate Controller | 2010–2011 | Corporate accounting leadership (as disclosed) |
| Primo Water (U.S. business unit) | Controller | 2008–2010 | Business unit accounting leadership (as disclosed) |
External Roles
The proxy biography for Ausher lists internal roles only; no external directorships or board committee roles are mentioned .
Fixed Compensation
Not disclosed for Ausher. The proxy’s compensation tables cover named executive officers (Rietbroek, Hass, Austin, Poe, Kim) and do not include Ausher, so base salary, bonus, and grant details for him are not provided .
Performance Compensation
Not disclosed for Ausher. Company-wide design for NEOs in December 2024 grants was 66% PSUs and 34% RSUs, with PSUs vesting based on relative TSR vs the S&P 400 over FY2025–FY2027; legacy Primo performance awards were converted to time‑based RSUs at estimated performance as of the transaction close and set to vest over the original performance periods .
Equity Ownership & Alignment
| Item | Amount | Detail |
|---|---|---|
| Beneficial ownership (shares) | 111,181 | Shares of Common Stock beneficially owned as of March 7, 2025 |
| Options exercisable within 60 days | 48,577 | Replacement options exercisable within 60 days of March 7, 2025 |
| Ownership as % of shares outstanding | <1% | Voting power indicated as “*” (less than one percent) with 380,155,260 shares outstanding reference date |
- Notes:
- Amounts reported exclude unvested time‑based Replacement RSUs/Conversion RSUs that do not vest within 60 days of March 7, 2025 .
- Pledging: The proxy discloses pledged shares for the ORCP Stockholders’ positions; no pledging is indicated for Ausher in the beneficial ownership table .
Employment Terms
- Severance and restrictive covenants framework (company-wide): The Severance Plan (established Dec 11, 2024) assigns eligible participants to levels with severance multiples (Level 1: 2.0x; Level 2: 1.25x; Level 3: 1.0x); NEOs at year‑end 2024 participated, but Ausher is not listed among NEOs and his level/multiple are not disclosed .
- Good Reason definition includes: material diminution of title/duties; reduction in base salary/target bonus (unless broadly applied); relocations >50 miles; material breach by the company; failure of successor to assume obligations post‑transaction .
- Cause definition includes: willful/grossly negligent failure to perform; theft/fraud/dishonesty; certain criminal convictions; breach of fiduciary duty; refusal to follow lawful direction .
- Non‑compete/non‑solicit: Non‑compete and non‑solicitation obligations extend for the number of years equal to the severance multiple and apply regardless of termination cause for Severance Plan participants; benefits continuation up to 18 months, plus up to $15,000 of outplacement; payments cut back to avoid excise tax where applicable .
Investment Implications
- Alignment: Ausher’s equity stake is modest (<1%), but he holds 48,577 options that were exercisable within 60 days of March 7, 2025, indicating real equity exposure; however, the proxy does not disclose his RSU/PSU holdings or ownership guideline status, limiting granular pay‑for‑performance assessment .
- Retention risk: Specific severance economics for Ausher are not disclosed, but the company’s Severance Plan and non‑compete structure provide retention levers and post‑termination restrictions for eligible participants; absence of Ausher‑specific terms makes individual retention risk difficult to quantify .
- Trading signals: No Form 4 activity is cited in the proxy; near‑term selling pressure analysis is constrained without transaction data. Beneficial ownership levels and option exercisability as of March 2025 are disclosed but do not, by themselves, indicate selling intent .
- Performance incentives: Executive long‑term incentives are tied to relative TSR vs the S&P 400 over three years, reinforcing shareholder alignment; lack of disclosure on Ausher’s award mix prevents direct linkage of his compensation to specific performance outcomes .