leadership
confidence high
sentiment neutral
materiality 0.35
Selectis Health raises CEO salary to $250K; CEO waives $30K board stipend
SELECTIS HEALTH, INC.
- CEO Adam Desmond's salary increased from $150,000 to $250,000 per annum, effective October 1, 2024.
- Desmond agreed to forgo the $7,500 quarterly Board compensation stipend ($30,000/year).
- Net annual increase in cash compensation is approximately $70,000 before other benefits.
- Salary adjustment approved by the Board of Directors on October 1, 2024.