leadership
confidence high
sentiment neutral
materiality 0.50
Badger Meter appoints new CFO and three other executives; amends severance agreements
BADGER METER INC
- Robert Wrocklage (current CFO) becomes EVP North America Municipal Utility; salary $550K, bonus 80%, LTIP $800K.
- Daniel Weltzien (current VP-Controller/Treasurer) becomes VP-CFO and Treasurer; salary $390K, bonus 65%, LTIP $450K.
- Kimberly Stoll becomes VP-Customer Support & GM-SmartCover; salary $340K, bonus 55%, LTIP $250K.
- Christina Tarantino becomes VP-Controller; salary $245K, bonus 40%, LTIP $150K.
- Amended KEESAs: CEO severance 3x annual cash comp, other execs 2x; employment period 3 yrs for CEO, 2 yrs for others.