leadership
confidence high
sentiment neutral
materiality 0.45
Lakeland terminates COO employment agreement; CFO agreement not renewed
LAKELAND INDUSTRIES INC
- COO Hui An's employment agreement terminated Oct 31, 2024; she continues on at-will basis.
- CFO Roger Shannon's agreement not renewed effective Feb 1, 2025; continues on at-will after.
- Each granted 5,000 time-based RSUs vesting Oct 31, 2025, subject to continued employment.
- Compensation Committee adopted new Executive Severance and Change in Control Plan covering five officers.
- CEO Jenkins, COO An, CRO Phillips, CHRO Yartz covered immediately; CFO Shannon added Feb 1, 2025.