leadership
confidence high
sentiment neutral
materiality 0.55
Nasdaq enters new employment agreements with CEO Friedman, President Cohen, and CIO Peterson
NASDAQ, INC.
- CEO Adena Friedman's agreement runs through Jan 1, 2030; base salary $1.4M, target bonus 300%, 2025 equity award at least $15M.
- President Tal Cohen's agreement runs through Jan 1, 2030; base $750k, target bonus 200%, plus one-time $7M equity grant.
- CIO Bradley Peterson's agreement runs through Jan 1, 2028; base $650k, target bonus 175%, 2025 equity award $3.2M.
- All agreements include enhanced severance for qualifying termination and change-in-control protection.
- Executives may give 12-month retirement notice: Friedman after Dec 31, 2027; Cohen after Jan 1, 2027; Peterson after Dec 31, 2026.