BlackSky names new CFO, CDO, GC; CEO O'Toole gets new employment terms ahead of SPAC merger
BlackSky Technology Inc.
Brian O'Toole (CEO) receives new employment letter: base salary $465K (up from $375K), 100% bonus target, $520K lump sum at merger close.
Johan Broekhuysen named future CFO after merger with $385K base, $3.5M initial RSU award; current CFO Brian Daum transitions to senior advisor then consultant.
Henry Dubois appointed Chief Development Officer ($400K base, $1.75M initial RSU); Chris Lin named General Counsel ($375K base, $1.5M initial RSU).
New Executive Severance Plan adopted: Tier 1 (CEO) gets 150% salary severance (non-CIC) or 200% (CIC); Tier 2 (others) gets 100% or 150%.
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