leadership
confidence high
sentiment neutral
materiality 0.40
Healthier Choices extends CFO Ollet contract to Feb 2025; $300k salary +10% annual raises
Healthier Choices Management Corp.
- Ollet continues as CFO through February 14, 2025, with automatic renewal unless 30-day notice.
- Base salary $300,000 for 2022; increases 10% per year to $330,000 in 2023 and $363,000 in 2024.
- Severance: 15-18 months salary if terminated without cause or upon change of control, subject to release.
- Agreement includes non-compete, non-solicitation, and confidentiality covenants lasting 1 year post-termination.