What changed
Effective October 21, 2026, Nicola Baty became President while continuing as Chief Operating Officer, with an annual base salary of $675,000. Her long-term equity incentive target is at least 250% of base salary, and she was granted 58,245 restricted stock units vesting in full on June 30, 2029. Her annual cash bonus target is at least 80% of base salary, tied to pre-established performance goals.
Why it matters
Effective October 21, 2026, Nicola Baty became President while continuing as Chief Operating Officer, with an annual base salary of $675,000. Her long-term equity incentive target is at least 250% of