leadership
confidence high
sentiment positive
materiality 0.70
Array Technologies names H. Keith Jennings as CFO effective January 6, 2025
Array Technologies, Inc.
- Jennings receives $500K base salary, 80% target bonus, and $500K equity grant (RSUs) on start.
- Eligible for additional $1.5M equity grant (50% PSUs, 50% RSUs) under LTIP.
- Previous CFO at Weatherford International and Calumet Specialty Products; board seats at Noble Corp (NE) and 5E Advanced Materials (FEAM).
- Severance: termination without cause gets 100% base salary + 12 months COBRA; change-in-control gets 200% base + target bonus.
- Appointment effective January 6, 2025; reports to CEO Kevin Hostetler.