leadership
confidence high
sentiment neutral
materiality 0.60
Accel Entertainment appoints Brett Summerer as Chief Financial Officer
Accel Entertainment, Inc.
- Brett Summerer named CFO effective Sept 22; Mark Phelan returns to President, U.S. Gaming.
- Base salary $460k; target bonus 65% of base; target equity (50% RSUs, 50% PSUs) 115% of base beginning 2026.
- Sign-on grant of 40,000 RSUs vesting 50% on 2nd anniversary, 50% on 3rd anniversary.
- Severance for termination w/o cause or for good reason: base salary + prior year bonus + current target bonus, plus 12 months COBRA.
- If Covered Termination occurs within 12 months of Change in Control: pro-rated annual bonus and vesting acceleration for time-based equity.
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