leadership
confidence high
sentiment neutral
materiality 0.55
MediaCo signs new employment agreements with CEO Rodriguez and CFO DeFelice including salary hikes and equity grants
Mediaco Holding Inc.
- CEO Rodriguez salary raised to $850K (from $700K), increasing to $900K in Sep 2026 and $950K in Sep 2027.
- CFO DeFelice salary raised to $550K (from $450K), increasing to $600K in Sep 2026 and $650K in Sep 2027.
- Rodriguez receives equity awards totaling $5M: $2M RSUs, $2M PSUs, plus smaller grants; DeFelice gets $2M total equity.
- Both eligible for discretionary cash bonus up to 60% of base salary and six months severance on qualifying termination.
- Grants of $2M+ for CEO and all CFO equity grants subject to shareholder approval of plan amendment.