leadership
confidence high
sentiment neutral
materiality 0.65
Fathom appoints Carey Chen as CEO; Ryan Martin departs immediately
Fathom Digital Manufacturing Corp
- Carey Chen appointed CEO effective Oct 23, 2023, replacing Ryan Martin who is no longer CEO or board member (last day Oct 31, 2023).
- Chen receives base salary of $500K, target bonus of 100% of salary, and target equity of 200% of salary under 2021 Omnibus Plan.
- Sign-on inducements: $100K cash bonus, 151,515 RSUs vesting on 3rd anniversary, and 104,911 PSUs with stock price hurdles from $3.30 baseline.
- Chen remains on board; he has served as director since 2021 and on predecessor boards since 2019.