other material
confidence high
sentiment neutral
materiality 0.20
Citizens Community Bancorp amends CEO/CFO employment agreements for clawback compliance
Citizens Community Bancorp Inc.
- Addendums to employment agreements of CEO Stephen M. Bianchi and CFO James S. Broucek executed on Dec. 13, 2023.
- Amendments align agreements with SEC Rule 10D-1 and Nasdaq listing standards on compensation recovery.
- Company had already adopted a clawback policy in 2022; addendums make individual agreements consistent with that policy.