Orthofix sets compensation for Interim CFO Gillespie with $290k base, stipend, and severance

Orthofix Medical Inc.

Interim CFO Geoffrey Gillespie receives updated base salary of $290,000 and target bonus of 70% of base salary.
Monthly stipend of $12,500 during service as Interim CFO.
Grant of RSUs with fair market value $290,000 vesting fully on second anniversary.
Severance agreement: if terminated without cause or for good reason, receives pro-rata bonus and severance equal to base salary plus target bonus.

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