leadership
confidence high
sentiment neutral
materiality 0.55
Chief Accounting Officer Michael Landenberger to depart Aug 15, 2024; enters separation and consulting agreements
Greenbacker Renewable Energy Co LLC
- Michael Landenberger resigns as CAO effective August 15, 2024; will serve as consultant for 6 months at $350/hr.
- Separation agreement provides $300,000 severance paid in 12 monthly installments of $25,000 plus $1,000 for non-disclosure.
- Consulting agreement starts after separation date; renewable monthly; either party can terminate with 60 days' notice.
- Landenberger must comply with non-disclosure, non-disparagement, and return of company property.