ALT5 Sigma Corporation (ALTS) has shared an announcement.
ALT5 Sigma Corporation has announced Peter Tassiopoulos as the new CEO, starting September 16, 2024, with Tony Isaac stepping down to continue as President and Chairman. Tassiopoulos, who has over three decades of experience across various sectors, brings a robust track record of over $1 billion in M&A and financing transactions. His compensation includes a $420,000 base salary, potential 100% bonus, immediate vesting of 400,000 restricted stock units (RSUs), and additional RSU grants slated for future dates. The agreement outlines the terms of his employment, bonus eligibility, and severance conditions, emphasizing a strong alignment with company performance and shareholder value.
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