UFP Technologies appoints Mitchell Rock as President; CEO Bailly remains Chairman and CEO

UFP TECHNOLOGIES INC

Mitchell Rock appointed President effective Feb 6, 2024; previously President of UFP MedTech.
Rock's base salary raised to $500,000 and granted 5,134 stock unit awards with time and performance vesting.
CEO R. Jeffrey Bailly retains Chairman & CEO roles; receives 5,175 threshold/target/exceptional stock unit awards.
CFO Ronald Lataille base salary increased to $460,000 effective Jan 1, 2024; granted 2,185 threshold stock units.
CEO Bailly's 2024 cash bonus target set at $705,000 (base salary); maximum $1.41 million under 2003 Incentive Plan.

item 5.02 item 7.01 item 9.01

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Appointed

Mitchell C. Rock

President

UFPT · UFP TECHNOLOGIES INC

Effective: 2024-02-06
Filed: February 8, 2024, 6:59 PM ET

On February 6, 2024, the Board of Directors (the “Board”) of UFP Technologies, Inc. (the “Company”) appointed Mitchell C. Rock to President of the Company, effective immediately.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Mitchell C. Rock was appointed as President at UFP TECHNOLOGIES INC.

Action: appointed
Role: President

Exact text from the filing

On February 6, 2024, the Board of Directors (the “Board”) of UFP Technologies, Inc. (the “Company”) appointed Mitchell C. Rock to President of the Company, effective immediately.

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UFP TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0001171843-24-000679

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