leadership
confidence high
sentiment neutral
materiality 0.50
Arcadia Biosciences discloses CEO/CFO compensation: $260k/$212k salary, stock options at $2.71
Arcadia Biosciences, Inc.
- CEO Thomas Schaefer base salary $260k/yr; 2024 target bonus 50% as CEO, 40% as CFO prorated.
- CFO Mark Kawakami base salary $212,063/yr; 2024 target bonus 30% as CFO, 20% as VP Finance prorated.
- Each granted options to buy 20,000 shares at $2.71, vesting over 4 years (25% one-year cliff, 36 monthly).
- Schaefer and Kawakami receive 6-month severance (non-CIC) or 12-month plus full equity vest (CIC).
- Agreements expire third anniversary of July 5, 2024; at-will employment confirmed.