leadership
confidence high
sentiment neutral
materiality 0.40
Hennessy Advisors reduces CEO bonus to 5% of profits; raises President Nilsen's bonus and salary
HENNESSY ADVISORS INC
- CEO Neil Hennessy's quarterly bonus reduced from 6.5% to 5.0% of adjusted pre-tax profit effective Oct 1, 2024.
- President Teresa Nilsen's quarterly bonus increased from 3.5% to 5.0% of adjusted pre-tax profit; base salary raised to $375,000.
- CFO Kathryn Fahy's annual base salary adjusted to $275,000 effective Oct 1, 2024.