leadership
confidence high
sentiment neutral
materiality 0.60
Fluent appoints Ryan Perfit as permanent CFO; salary $376,723 plus bonuses and equity
Fluent, Inc.
- Ryan Perfit appointed CFO effective September 1, 2024; served as interim CFO since February 1, 2023.
- Annual base salary of $376,723 with bonus potential up to 100% of salary tied to AEBITDA and gross profit targets.
- Initial equity: 25,000 RSUs vesting over 3 years; option for 120,000 shares with performance vesting at 3x and 5x stock price hurdles.
- Employment agreement runs through August 31, 2025 with auto-renewal; termination provisions include severance up to 12 months' salary.
- Press release notes Perfit helped negotiate a $50M debt facility and navigate an FTC settlement during interim tenure.