leadership
confidence high
sentiment neutral
materiality 0.50
South Dakota Soybean Processors raises CEO salary to $440,000 in amended agreement
SOUTH DAKOTA SOYBEAN PROCESSORS LLC
- Base salary increased to $440,000/year for 2026 and 2027, superseding Jan 1, 2023 agreement.
- Profit sharing bonus: 0.7% of annual net income over $2M, first payable in Q1 2027 for FY2026.
- Other terms (duties, benefits, non-compete) unchanged from prior employment agreement.
- Agreement runs through December 31, 2027, with standard termination provisions.