leadership
confidence high
sentiment neutral
materiality 0.35
Byline Bancorp enters employment agreement with CFO Thomas Bell - base $415k
BYLINE BANCORP, INC.
- Annual base salary of $415,000; target cash bonus of 45% of base salary.
- Annual long-term incentive target set at 65% of base salary under 2017 Plan.
- Severance: 1x base salary plus COBRA for 12 months for non-CIC termination.
- Severance on Change in Control: 2x base salary plus average of prior 2 years' bonuses, lump sum.
- Employment agreement term of 3 years with automatic one-year extensions.