leadership
confidence high
sentiment neutral
materiality 0.25
Giftify appoints Balazs Wellisch as COO of Restaurant.com subsidiary
GIFTIFY, INC.
- Three-year employment agreement for Balazs Wellisch as COO, effective Jan 16, 2025.
- Annual base salary of $240,000 with minimum 5% annual merit increase and $25,000 minimum bonus.
- Severance includes 6 months' salary if terminated without cause or for good reason, plus accelerated equity vesting.
- Mr. Wellisch also enters into confidentiality and non-competition agreement for term plus one year.
- Mr. Wellisch previously served as CTO of Restaurant.com; now reports to CEO Ketan Thakker.