Rocky Mountain Chocolate Factory formalizes interim CEO compensation: $390k salary, RSU grant

Rocky Mountain Chocolate Factory, Inc.

Interim CEO Starlette B. Johnson appointed effective Jan 29, 2024; offer letter signed March 25, 2024 formalizing terms.
Annual base salary of $390,000; target annual bonus of 75% of base salary ($292,500) subject to performance.
Special RSU grant with value $390,000, vesting monthly over 36 months starting Jan 29, 2024.
Interim CEO role is temporary until full-time CEO hired; at-will employment, no severance provided.

item 5.02 item 9.01

Executive movements

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Appointed (interim)

Starlette B. Johnson

Interim Chief Executive Officer

RMCF · Rocky Mountain Chocolate Factory, Inc.

Effective: 2024-01-29
Filed: March 28, 2024, 7:59 PM ET

the board of directors (the “Board”) of Rocky Mountain Chocolate Factory (the “Company”) appointed Starlette B. Johnson to the position of Interim Chief Executive Officer, effective as of January 29, 2024

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

Starlette B. Johnson was appointed as Interim Chief Executive Officer at Rocky Mountain Chocolate Factory, Inc..

Action: appointed
Role: Interim Chief Executive Officer

Exact text from the filing

the board of directors (the “Board”) of Rocky Mountain Chocolate Factory (the “Company”) appointed Starlette B. Johnson to the position of Interim Chief Executive Officer, effective as of January 29, 2024

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Rocky Mountain Chocolate Factory, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-24-009757

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