leadership
confidence high
sentiment neutral
materiality 0.50
FICO appoints Stephanie Covert as EVP Software; Claus Moldt transitions to VP Technology
FAIR ISAAC CORP
- Stephanie Covert takes expanded role as EVP, Software, responsible for all software elements including technology, product management, sales, marketing.
- Claus Moldt, previously EVP & CTO, transitions to VP Technology effective January 6, 2022.
- Moldt enters new letter agreement through December 31, 2022; base salary unchanged, no longer eligible for Management Incentive Plan.
- If Moldt voluntarily leaves before December 10, 2022, he receives severance of 1x base salary plus last annual cash incentive, plus COBRA for 12 months.
- If Moldt stays through December 10, 2022, no severance but COBRA continuation for 12 months unless terminated for cause.