leadership
confidence high
sentiment neutral
materiality 0.50
Cineverse enters new employment agreements with three top executives through 2025
Cineverse Corp.
- Opeka (CSO & President): $475k base, $356k target bonus, 300k PSUs, 1.5M SARs at $0.29.
- Huidor (COO & CTO): $375k base, $225k target bonus, 200k PSUs, 1M SARs at $0.29.
- Loffredo (CLO & Secretary): $460k base, $322k target bonus, 160k PSUs, 800k SARs at $0.29.
- All agreements term through April 30, 2025, with auto-renewal and severance up to 2x base+target on change in control.
- SARs vest over 3 years; immediate vesting on change in control or termination without cause.