leadership
confidence high
sentiment neutral
materiality 0.35
GoDaddy signs new employment agreement with COO Roger Chen; amends bylaws on shareholder nominations
GoDaddy Inc.
- COO Roger Chen enters new employment agreement effective July 7, 2022; receives $150,000 one-time relocation payment from China to Singapore.
- Annual base salary of SGD 690,000 (~USD 500,000) and target MBO bonus of 80% of base salary; 6-month notice period.
- Bylaws amended to revise advance notice and disclosure requirements for shareholder proposals and director nominations.
- Bylaw amendments also include certain routine and non-substantive updates and revisions.