leadership
confidence high
sentiment neutral
materiality 0.40
Lakeland Industries signs separation agreement with former CFO Roger D. Shannon
LAKELAND INDUSTRIES INC
- Former CFO Roger D. Shannon's employment terminated Dec 31, 2025; separation agreement signed Jan 6, 2026.
- Shannon receives 4 months base salary, pro-rated FY26 bonus, continued equity vesting through April 30, 2026, and up to 6 months COBRA.
- Agreement includes release of claims, 7-day revocation period, and clawback for breach.
- Severance payments subject to forfeiture if Shannon breaches provisions.