CECO Environmental COO departs; gets $630K severance plus RSUs

CECO ENVIRONMENTAL CORP

COO Ramesh Nuggihalli left Aug 20, 2023; separation agreement signed Aug 21.
Severance: $630,000 (1.5x base salary), $20,000 outplacement, $318,970 prorated bonus.
Accelerated vesting of 43,113 unvested RSUs from 2021-2022 grants.
Benefits require release of claims and compliance with restrictive covenants.

CECO ENVIRONMENTAL CORP filing history →

Source: SEC EDGAR

accession 0000950170-23-044516

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