CPSI enters severance agreements with CFO, COO, CSO and CPO

TruBridge, Inc.

Severance agreements signed between June 20-23, 2023 with Matt Chambless (CFO), David Dye (COO), Dawn Severance (CSO), Amaris McComas (CPO) and other senior managers.
Standard severance: 12 months of base salary plus target bonus (18 months for Dye); COBRA reimbursement for 12 months (18 for Dye).
Change-in-control severance: 1.5x base salary plus target bonus lump sum (2x for Dye) plus 12 months COBRA (18 for Dye).
Payments conditioned on release of claims, confidentiality, non-disparagement, 12-month non-competition and non-solicitation (18 months for Dye).
Agreements standardize compensation and aid retention; enhanced protections for company during executive transitions.

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