leadership
confidence high
sentiment neutral
materiality 0.50
CFO Ward Lyke Jr. to step down Sept 25, 2026; Controller Kevin Guptar to succeed
MAYS J W INC
- Ward Lyke Jr. will remain CFO through Sept 25, 2026, then resign; departure not due to disagreements.
- Base salary of $316,000 continued through separation date.
- Separation benefits: 6 weeks salary ($36,461.54), company-owned 2021 Ford Escape, and company cellphone.
- Kevin Guptar, current Controller, becomes Principal Financial Officer and Principal Accounting Officer upon Lyke's separation.