other material
confidence high
sentiment neutral
materiality 0.30
Brink's enters $1.26M consulting agreement with retired Exec Chairman Pertz
BRINKS CO
- Consulting agreement with Douglas A. Pertz provides $1,262,500 cash over 12-month term through May 7, 2024.
- Pertz also eligible for prorated annual cash incentive at 100% of 2023 salary, payable in Q1 2024.
- Retired CFO Ronald J. Domanico eligible for prorated annual cash incentive at 90% of 2023 salary, payable in Q1 2024.
- Consulting services to be assigned by CEO; Pertz treated as independent contractor, not employee.