leadership
confidence high
sentiment neutral
materiality 0.35
Village Farms enters new employment agreement with COO Ann Gillin Lefever; base salary $475k, 2-year term
Village Farms International, Inc.
- Base salary of $475,000 per year; target bonus of 50% of base salary under annual STIP.
- Eligible for 200,000 options and performance-based restricted share units.
- Severance of 1.5x salary plus pro-rata bonus if terminated without cause or for good reason.
- Term runs through May 31, 2026, with automatic one-year renewals unless notice given.