On January 9, 2018, Libbey Inc. announced that Salvador Mi arro Villalobos, Vice President, General Manager, U.S. and Canada, and the company have mutually agreed that Mr. Mi arro will leave the company on January 15, 2018. Mr. Mi arro's departure will be treated as a termination without cause, and, as a result, he will be entitled to the severance and other benefits contemplated by the company's Executive Severance Compensation Policy and the terms of the performance cash, restricted stock unit and non-qualified stock option agreements to which he is a party.