leadership
confidence high
sentiment neutral
materiality 0.25
Catalyst Bancorp enters 3-year employment agreements with Director of Operations and CFO
Catalyst Bancorp, Inc.
- Amanda Quebedeaux (Dir. of Operations) base salary $147,000; Jacques Bourque (CFO) base salary $95,000.
- Agreements run Sept 13, 2023 to Sept 12, 2026; subject to renewal review.
- Termination without cause or for good reason triggers lump-sum severance equal to 12 months base salary.
- Change-in-control severance: 12 months base salary plus continued health coverage for up to 12 months.