PowerFleet amends CEO severance to 2x base salary payout

Powerfleet, Inc.

Effective Sept. 11, 2023, CEO Steve Towe's severance amended to 2x base salary.
Amendment approved by Compensation Committee after review with independent compensation consultant.
Severance cash payment of 2x salary paid over 12 months via payroll, starting 60 days post-trigger.

item 1.01 item 5.02 item 9.01

Powerfleet, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-032787

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