leadership
confidence high
sentiment neutral
materiality 0.50
Genpact signs employment agreements with Kalra ($680K base), Stein ($550K base); amends Saumur pact
Genpact LTD
- Balkrishan Kalra (SVP, Banking, Capital Markets, etc.) base salary $680,000; target bonus 100% of base.
- Kathryn Stein (SVP, Chief Strategy Officer & Business Leader, Enterprise Services) base salary $550,000; target bonus 100% of base.
- Darren Saumur's employment agreement amended to provide same severance benefits as Kalra and Stein.
- Severance includes 6 months base plus 1 week per year (max 12 weeks), prorated target bonus, and 18 months health coverage.
- Agreements effective Nov 30, 2021; at-will employment with non-compete, non-solicit, confidentiality covenants.