leadership
confidence high
sentiment neutral
materiality 0.50
Cross Country Healthcare discloses CEO Kevin Clark's employment terms: $950K salary, bonus, equity
CROSS COUNTRY HEALTHCARE INC
- Base salary $950K; 2026 target bonus 100% of base (max 180%), rising to 125% target from 2027.
- Long-term equity: 275% of base for 2025, 300% for 2026, 325% for 2027 and 2028.
- Severance on termination without cause/good reason: 24 months base salary plus 2x average bonus, plus COBRA.
- Initial 3-year term through Dec 14, 2028, with automatic one-year renewals unless 90-day non-renewal notice.
- Non-compete and non-solicitation covenants apply for 2 years post-employment.