leadership
confidence high
sentiment neutral
materiality 0.25
NAII boosts CEO, President, CFO salaries by $50K; enhances severance terms
NATURAL ALTERNATIVES INTERNATIONAL INC
- CEO LeDoux salary raised to $475,000; added one-year group health insurance to severance.
- President Wolf salary to $450,000; severance without cause increased to 1 year base salary.
- CFO Fortin salary to $300,000; severance without cause increased to 1 year base salary.
- Wolf and Fortin change-in-control severance increased to 2 years base salary from 1.
- Amendments effective July 1, 2021; all officers received identical $50K base salary increase.