leadership
confidence high
sentiment neutral
materiality 0.50
Renasant amends Executive Chairman McGraw's contract; prorated compensation through May 1, 2024
RENASANT CORP
- Employment agreement term extended to May 1, 2026 with auto-renewal; cash bonus and equity vesting prorated as if service ends May 1, 2024.
- 2024 cash bonus paid at target amount, prorated to May 1, 2024; no cash bonus eligibility thereafter.
- 2024 equity award same terms as 2023 but vesting prorated to May 1, 2024; future equity awards like non-management directors.