leadership
confidence high
sentiment neutral
materiality 0.40
TTEC awards CFO Kenneth Wagers $225K retention bonus tied to take-private process
TTEC Holdings, Inc.
- One-time cash bonus of $225,000 to CFO Kenneth R. Wagers III, payable 40% by Aug 2025 and 60% by Jan 2026.
- If potential take-private closes before payout, unpaid portion paid within 60 days of closing.
- Bonus requires continued employment; full payment if terminated without cause before payout dates.
- Board special committee continues evaluating a potential take-private transaction; no assurance of completion.