CalAmp appoints Chris Adams as President, CEO; salary $535.6K, 1.5M RSUs

CalAmp Corp.

Chris Adams (ex-onsemi VP/GM) becomes President & CEO effective Jan 22, 2024; Jason Cohenour returns to board.
Annual base salary of $535,600; target annual incentive of 100% of base salary.
Receives 750,000 time-vesting RSUs and 750,000 performance-vesting RSUs on Feb 5, 2024.
Up to $50,000 relocation reimbursement and $5,000/month commuting for 12 months.
Severance: 12 months base salary without cause; 24 months plus double target bonus on change in control.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Jason Cohenour

Interim Chief Executive Officer

CalAmp Corp.

Effective: 2024-01-22
Successor: Christopher R. Adams
Filed: January 8, 2024, 6:59 PM ET

Effective upon the employment of Mr. Adams, Jason Cohenour will cease service as Interim Chief Executive Officer, but will continue to serve as a member of the Company’s Board of Directors.

Appointed

Christopher R. Adams

President and Chief Executive Officer

CalAmp Corp.

Effective: 2024-01-22
Filed: January 8, 2024, 6:59 PM ET

Effective January 22, 2024, Christopher R. Adams, age 57, will commence employment as President and Chief Executive Officer of CalAmp Corp. (the “Company”) and will be appointed a member of the Company’s Board of Directors.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Jason Cohenour changed role as Interim Chief Executive Officer at CalAmp Corp..

Action: ceased service as
Role: Interim Chief Executive Officer

Exact text from the filing

Effective upon the employment of Mr. Adams, Jason Cohenour will cease service as Interim Chief Executive Officer, but will continue to serve as a member of the Company’s Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Christopher R. Adams was appointed as President and Chief Executive Officer at CalAmp Corp..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

Effective January 22, 2024, Christopher R. Adams, age 57, will commence employment as President and Chief Executive Officer of CalAmp Corp. (the “Company”) and will be appointed a member of the Company’s Board of Directors.

View on SEC.gov

Source: SEC EDGAR

accession 0000950170-24-002665

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