leadership
confidence high
sentiment neutral
materiality 0.55
SigmaTron CFO James Reiman resigns; Frank Cesario appointed as new CFO
SIGMATRON INTERNATIONAL INC
- James J. Reiman resigned as CFO on Nov 8, 2024 for personal reasons, effective immediately.
- Frank Cesario, 55, appointed CFO, VP Finance, Treasurer and Secretary effective Nov 11, 2024.
- Cesario's base salary is $300,000/yr; eligible for bonus, 401K, and 30,000 stock options with stepped vesting.
- Severance of 13 weeks base salary if terminated without cause; at-will employment.
- Cesario previously served as CEO/CFO of Yunhong Green CTI, a public flexible-film manufacturer.