leadership
confidence high
sentiment neutral
materiality 0.50
MSC Industrial discloses interim CFO Greg Clark's compensation: $110K stipend, 50% bonus target
MSC INDUSTRIAL DIRECT CO INC
- Interim CFO Greg Clark to receive an annual salary stipend of $110,000, prorated for partial periods, effective August 10, 2025.
- Fiscal 2026 annual bonus target set at 50% of cumulative base salary plus stipend.
- Compensation approved by Compensation Committee on August 19, 2025.
- Amendment follows the earlier resignation of CFO Kristen Actis-Grande and appointment of Clark as interim CFO.