other material
confidence high
sentiment neutral
materiality 0.30
Cimpress signs retention agreements with four executives; no material change to prior deals
CIMPRESS plc
- Agreements dated Feb 20, 2023 cover CEO Keane, CFO Quinn, CTO Wensveen (amended/restated) and Vista CEO Baumgartner (new).
- Keane severance: 2 years' base salary + 200% of annual cash incentive; others: 1 year + 100%.
- Change-in-control: full equity vesting, cash awards at target; Keane retains excise tax gross-up.
- No material changes to economics/benefits for amended agreements; reflects current compensation programs.