leadership
confidence high
sentiment neutral
materiality 0.25
STERIS extends former CFO Tokich's advisory role through March 2027 with reduced pay
STERIS plc
- Michael Tokich's senior financial advisor role extended part-time from April 1, 2026 to March 31, 2027.
- Annual base salary reduced to $60,000 during the Extended Advisor Period.
- Tokich eligible for discretionary cash bonus subject to CEO and Compensation Committee approval.
- Tokich will lose health, dental, life insurance, vacation, disability, and other employee benefits.