leadership
confidence high
sentiment neutral
materiality 0.55
Kodak extends CEO Jim Continenza's contract to 2030, awards 5M RSU renewal grant
EASTMAN KODAK CO
- New Employment Agreement effective Jan 1, 2026 extends term through Dec 31, 2030.
- Annual base salary $1.2M; annual cash incentive up to 125% of base salary.
- Received renewal award of 5M RSUs vesting in equal annual installments over 5 years starting Dec 31, 2026.
- Annual RSU award of $2.5M: half time-vesting over 3 years, half performance-vesting over 3 years.
- Severance provides two years of base salary plus incentive, accelerated RSU vesting on termination w/o cause or for good reason.