leadership
confidence high
sentiment neutral
materiality 0.25
Chart Industries enters new employment agreement with CFO Brinkman; enhances severance and adds non-compete
CHART INDUSTRIES INC
- Effective Jan 1, 2025, Chart Industries entered an employment agreement with CFO Joseph R. Brinkman, replacing his prior severance agreement.
- Involuntary termination without cause or good reason resignation (non-CIC) triggers one year base salary, health coverage, and greater of current target bonus or prior year bonus.
- New agreement includes non-competition, non-solicitation, and confidentiality provisions not present in the prior severance agreement.
- Terms are consistent with those of other senior executive officers.