leadership
confidence high
sentiment neutral
materiality 0.60
Amerant Bancorp enters employment agreement with CEO Iafigliola; $875K base salary
Amerant Bancorp Inc.
- Base salary $875,000/year; target bonus ≥90% of base, max ≥135%.
- Perks: $1,000 monthly car stipend, $20,000 annual club stipend, $2M life insurance.
- Severance: 2x base+avg bonus if terminated without cause pre-CIC; 2.99x within 24 months post-CIC.
- Term: 3 years initial, auto-renew; extends to 2 years after CIC if CIC occurs after Sept 4, 2027.
- Agreement effective Sept 4, 2026; Iafigliola has been CEO since May 18, 2026.