leadership
confidence high
sentiment neutral
materiality 0.40
SINTX appoints Ryan Elmore as President, Eric Olson steps down from role effective March 16
Sintx Technologies, Inc.
- Eric Olson ceases as President but remains Chairman and CEO; Ryan Elmore appointed President.
- Elmore employment agreement: $375,000 base salary, 35% target annual bonus, $100,000 sign-on bonus.
- Initial RSU grant valued at $300,000: 20% vests on grant date, 80% over 24 months.
- Severance: 2x base salary plus target bonus if terminated without cause or for good reason.
- Enhanced severance upon change in control: 2x base salary plus target bonus within 1 year of CIC.