Vita Coco extends Executive Chairman Michael Kirban's contract through 2027, boosts salary and bonus

Vita Coco Company, Inc.

Term extended to Dec 31, 2027; base salary raised to at least $525,000/year.
Annual cash bonus increased to 100% of salary (from 80%); stretch bonus also raised to 100%.
No termination without cause before Dec 31, 2026; later removal requires supermajority board vote.
Kirban may elect part-time transition at his discretion; company cannot unilaterally move him to part-time.

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