other material
confidence high
sentiment neutral
materiality 0.25
Greif amends deferred comp plan, reducing vesting from 10 to 5 years; CEO becomes fully vested
GREIF, INC
- Vesting period reduced from 10 to 5 years, effective June 30, 2023.
- CEO Ole Rosgaard became fully vested with accumulated benefits of $242,336.
- CFO Timothy Bergwall was already vested ($159,751); Bala Sathyanarayanan remained unvested.
- Amendment applies to select execs not in supplemental retirement plans.