other
confidence high
sentiment neutral
materiality 0.50
Aadi Bioscience approves retention bonuses for CEO ($390K) and CFO ($220K) through Mar 2025 or change of control
Whitehawk Therapeutics, Inc.
- CEO David J. Lennon eligible for $390,000 retention bonus if employed through Mar 31, 2025 or Change of Control.
- CFO Scott Giacobello eligible for $220,000 retention bonus under same conditions.
- If terminated without cause or resign for good reason before retention date, severance payment equal to bonus (subject to release).
- Retention bonus program approved by Compensation Committee on Sept 15, 2024; letters executed Sept 18, 2024.
- No change in at-will employment status; bonus is not part of base compensation.