leadership
confidence high
sentiment neutral
materiality 0.50
Ducommun formalizes transition agreement with ex-CFO Wampler; advisor role at $34,500/mo through March 2024
DUCOMMUN INC /DE/
- Chris Wampler resigned as VP/CFO/Controller/Treasurer on May 3; remains as non-executive advisor to CFO.
- Transition period through March 1, 2024; monthly base salary of $34,500.
- After separation, Wampler receives 12 months base salary severance and benefits per existing severance agreement.
- Re-assignment not related to any financial reporting issues.
- Wampler continues to vest in existing compensation, bonus, equity, and incentive plans during transition.