leadership
confidence high
sentiment neutral
materiality 0.40
MasTec amends employment agreement with retired CFO George Pita effective April 1, 2023
MASTEC INC
- George Pita to receive $400,000 annual base salary; no bonus plan or equity awards.
- Outstanding equity awards remain subject to original terms and conditions.
- Non-competition and non-solicitation extended to later of 1 year post-termination or March 10, 2026.
- Agreement supersedes prior 2014 agreement, effective April 1, 2023.