Benchmark Electronics hires David Moezidis as CEO; $900k salary, $4M equity grants

BENCHMARK ELECTRONICS INC

David Moezidis becomes President & CEO effective March 31, 2026; base salary $900,000.
Target annual cash bonus 115% of salary; max 200%; $2.5M equity grant in Feb 2026 plus $1.5M on effective date.
Annual equity award opportunity for 2027+ set at $4M; mix determined by Compensation Committee.
Severance: 2x base + target bonus without cause; 3x within 24 months post-change-in-control, accelerated vesting.
Employment term initially 2 years, auto-renews; includes non-compete and non-solicit covenants.

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