leadership
confidence high
sentiment neutral
materiality 0.50
CXApp signs CEO employment agreement with Khurram Sheikh; appoints Leon Papkoff as CPO
CXApp Inc.
- Khurram Sheikh continues as CEO with $325k salary, $325k bonus target, and options for 844,200 shares vesting over 24 months.
- Leon Papkoff appointed CPO with $300k salary, $150k bonus target, and RSUs for 295,000 shares.
- Both agreements include change-in-control acceleration of equity vesting.
- Sheikh's options have 2-year term, exercise price at grant date market price.
- Papkoff's RSUs subject to Incentive Plan and Award Agreement.