Henry Schein adopted a new Executive Severance Plan on April 10, 2025, providing benefits to senior executives if terminated without cause or, for executive officers, upon resignation for good reason. Benefits include salary through termination, pro-rated bonus, severance pay (1.5x or 1.0x), partial equity vesting, health coverage, and outplacement services. The plan excludes the CEO and includes non-compete and clawback clauses.

The company also amended its Change in Control Plan to coordinate with the new severance terms and avoid benefit duplication.