other material
confidence high
sentiment neutral
materiality 0.25
Catalyst Bancorp signs 3-year employment agreements with COO and CFO; base salaries set
Catalyst Bancorp, Inc.
- Amanda Quebedeaux (COO) receives base salary $162,500 per year under 3-year term ending Sept 12, 2029.
- Jacques Bourque (CFO) receives base salary $117,500 per year under 3-year term ending Sept 12, 2029.
- Agreements provide 12-month lump-sum severance on termination without cause or for good reason; 12 months on change in control.
- Employment agreements effective Sept 13, 2026; board may renew for additional three years.