leadership
confidence high
sentiment neutral
materiality 0.55
Fuel Tech appoints Ellen Albrecht as CFO, Treasurer effective June 1, 2022
FUEL TECH, INC.
- Albrecht promoted to VP, CFO and Treasurer; previously Acting Treasurer, Controller and PFO since March 2020.
- Annual base salary set at $250,000, reduced 10% to $225,000 under ongoing officer salary reduction program.
- Target incentive participation of 30% of net annual base salary under 2022 Corporate Incentive Plan.
- No severance payments upon termination; no family relationships with directors or officers.
- Albrecht has been with Fuel Tech since 1996 in roles including Controller, Accounting Manager, and Accountant.