leadership
confidence high
sentiment neutral
materiality 0.60
Kforce CEO David Dunkel resigns, stays as part-time employee through 2022 under new agreement
KFORCE INC
- David L. Dunkel resigns as CEO effective Dec 30, 2021; will serve part-time through Dec 31, 2022 with auto-renewal.
- Base salary $437,500/yr; eligible for annual bonus, discretionary equity; existing awards continue vesting.
- Severance $2.15M lump sum if terminated without cause after Change in Control within 12 months of effective date.
- Non-compete during term plus 2 years; prior employment agreement terminated; insider trading policy remains.