Conn's sets CEO pay at $1M salary, 150% bonus target; promotes Santo to CFO

CONNS INC

CEO Norman Miller receives base salary of $1M, target bonus 150% of base ($1.5M), max 200% ($3M).
Miller's severance agreement provides 24 months salary on non-cause termination; change-of-control triggers 3x salary lump sum plus full vesting.
CFO Timothy Santo promoted from interim; base salary increases to $475k from $350k, bonus unchanged at 50% target, 100% max.
Santo joined Conn's in April 2023 as VP and CAO; served as interim CFO since Nov 2023.
Both executives eligible for annual long-term incentive awards determined by Compensation Committee.

item 5.02 item 9.01

Executive movements

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Appointed

Timothy Santo

Chief Financial Officer

CONNS INC

Effective: 2024-02-15
Filed: February 16, 2024, 6:59 PM ET

Effective February 15, 2024, the Company promoted Mr. Timothy Santo, age 47, to Chief Financial Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Timothy Santo was appointed as Chief Financial Officer at CONNS INC.

Action: promoted
Role: Chief Financial Officer

Exact text from the filing

Effective February 15, 2024, the Company promoted Mr. Timothy Santo, age 47, to Chief Financial Officer.

View on SEC.gov

Source: SEC EDGAR

accession 0001223389-24-000008

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