other
confidence high
sentiment neutral
materiality 0.30
Rexford extends CFO Clark and GC Lanzer employment agreements through 2025, boosts severance
Rexford Industrial Realty, Inc.
- CFO Laura Clark and GC David Lanzer get three-year extensions to November 2025.
- Cash severance for without-cause/good-reason termination increased to 1x base plus avg bonus (1.5x upon change in control within 18 months).
- Company-paid COBRA coverage for up to 18 months after termination due to death or disability.
- Flexible time off policy replaces accrued PTO effective August 1, 2022.