CFO Relland Winand to retire; enters $100k retention agreement through replacement or Dec 2022

INNOVATIVE SOLUTIONS & SUPPORT INC

CFO Relland Winand notified board of his retirement; not due to any dispute with the company.
Company entered retention agreement on May 18, 2022 providing a $100,000 cash bonus.
Bonus vests upon earlier of hiring new CFO or December 30, 2022, subject to continuous employment.
If employment is terminated for any reason before vesting, the bonus is forfeited.
Company will also pay medical coverage for one additional month after retirement date.

item 5.02 item 9.01

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Departed

Relland M. Winand

Chief Financial Officer

ISSC · INNOVATIVE SOLUTIONS & SUPPORT INC

Filed: May 18, 2022, 7:59 PM ET

Relland M. Winand has notified the Board of Directors of Innovative Solutions and Support, Inc. (the “Company”) of his intention to retire as Chief Financial Officer of the Company.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Relland M. Winand departed as Chief Financial Officer at INNOVATIVE SOLUTIONS & SUPPORT INC.

Action: notified intention to retire
Role: Chief Financial Officer

Exact text from the filing

Relland M. Winand has notified the Board of Directors of Innovative Solutions and Support, Inc. (the “Company”) of his intention to retire as Chief Financial Officer of the Company.

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Source: SEC EDGAR

accession 0001104659-22-062334

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