leadership
confidence high
sentiment neutral
materiality 0.30
CECO Environmental names Kiril Kovachev as new Chief Accounting Officer effective Sept 1
CECO ENVIRONMENTAL CORP
- Paul Gohr to step down as Chief Accounting Officer effective August 31, 2023; will receive severance.
- Kiril Kovachev appointed CAO effective September 1, 2023; previously Senior Director at Lennox International.
- Kovachev base salary $255,000/year, annual incentive target 40% of wages, and $100,000 in annual RSUs.
- Kovachev receives a $75,000 initial cash bonus (repayable if voluntarily terminated within 12 months).
- Kovachev will participate in the Executive Change in Control Severance Plan as Tier II participant.