leadership
confidence high
sentiment neutral
materiality 0.40
Lantronix raises CFO salary to $351k, enters new change-in-control agreement
LANTRONIX INC
- CFO Jeremy Whitaker base salary increased from $300k to $351k effective July 1, 2024.
- VP Engineering Eric Bass salary raised from $250k to $292k effective same date.
- Whitaker enters new Change in Control Agreement providing 12 months salary + 100% target bonus on qualifying termination.
- New agreement replaces prior one expiring May 31, 2024, and includes COBRA continuation.