Conn CEO Norman Miller Enters Into Offer Letter And Executive Severance Agreement

Reuters
2024.02.16 23:13
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Conn CEO Norman Miller has entered into an offer letter and executive severance agreement with Conn's Inc. Miller will be entitled to an annualized base salary of $1.0 million and will be eligible for an annual bonus of up to 200% of his target bonus. Timothy Santo has been promoted to Chief Financial Officer.

Feb 16 (Reuters) - Conn’s Inc (CONN.O) :

  • CONN’S- ON FEB 15, NORMAN L MILLER, CHIEF EXECUTIVE OFFICER & PRESIDENT ENTERED INTO OFFER LETTER AND EXECUTIVE SEVERANCE AGREEMENT WITH CO

  • CONN’S INC - PURSUANT TO THE OFFER LETTER, MILLER WILL BE ENTITLED TO AN ANNUALIZED BASE SALARY OF $1.0 MILLION

  • CONN’S INC - PURSUANT TO THE OFFER LETTER, MILLER WILL BE ELIGIBLE FOR AN ANNUAL BONUS WITH A TARGET PAYOUT OF 150% OF BASE SALARY

  • CONN’S INC - PURSUANT TO THE OFFER LETTER, MILLER WILL BE ELIGIBLE FOR MAXIMUM ANNUAL BONUS OF 200% OF HIS TARGET BONUS

  • CONN’S INC - EFFECTIVE FEBRUARY 15, 2024, PROMOTED TIMOTHY SANTO, TO CHIEF FINANCIAL OFFICER

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