leadership
confidence high
sentiment neutral
materiality 0.55
Berry (bry) appoints Jeff Magids as CFO, effective Jan 21, 2025; Helm becomes CAO
Berry Corp (bry)
- Jeff Magids appointed VP & CFO, effective Jan 21, 2025; base salary $360,000, target bonus 70% of salary.
- Magids previously VP Finance & IR at SilverBow Resources (NYSE: SBOW) from March 2023 to July 2024.
- Magids also receives annual LTI grant target of $375,000 (RSUs), subject to Comp Committee approval.
- Michael Helm transitions to VP & Chief Accounting Officer, retains principal accounting officer role.
- Magids eligible for 3 months' salary severance on termination without cause plus pro-rated bonus.