leadership
confidence high
sentiment neutral
materiality 0.60
Minim appoints David Lazar as CEO and CFO effective January 1, 2024
FiEE, Inc.
- David Lazar appointed CEO/CFO; Jeremy Hitchcock resigned after transition period.
- Base salary $406K per annum, fully deferred due to liquidity constraints.
- Three-year term; annual bonus target 100% of base salary.
- Eligible for special bonus of 3% of increased valuation upon change of control.
- Salary deferral until Compensation Committee determines sufficient liquidity.