leadership
confidence high
sentiment neutral
materiality 0.55
AstroNova CFO David S. Smith to retire July 12; receives 52-week salary severance
AstroNova, Inc.
- CFO David S. Smith to retire effective July 12, 2024; separation agreement signed June 25.
- Will receive base salary for 52 weeks in weekly payments, plus housing allowance through July.
- Time-based restricted stock units (10,795 shares) will continue vesting per original schedules.
- Earned performance RSUs (4,046 shares) become fully vested, settled Jan 13, 2025.
- Company will subsidize COBRA for up to 18 months; no successor CFO announced.