According to documents filed last week with the Securities and Exchange Commission, Keane marketing VP Georgina Fisk will receive the payment within 14 days of her formal resignation from the company, effective June 30. Fisk joined Keane in 1998 when the company acquired her former employer, U.K.-based Icom Solutions. The agreement precludes further legal action by both parties against each other and prohibits them from publicly discussing the allegations.
Brian Keane stepped down as company CEO on May 10 due to "employee allegations relating to Mr. Keane's personal conduct," the company said at the time in a statement. Brian Keane denied the sexual harassment claims, but admitted personal conduct "that reflected poor judgment," according to the company's statement. Keane CFO John Leahy is serving as interim CEO while a replacement is being sought.