Argan ( (AGX) ) has provided an announcement.
Argan, Inc. has announced significant leadership changes and salary adjustments, with Joshua S. Baugher being appointed as the new Senior Vice President, Chief Financial Officer, and Treasurer, following Richard H. Deily’s retirement. Alongside this, David H. Watson and Charles Collins IV have entered new employment agreements as President and CEO of Argan and Gemma Power Systems, respectively, with substantial salaries and possible bonus payments. Moreover, Argan has increased its quarterly cash dividend by 25%, signaling a strong financial position and ongoing commitment to shareholder value, while continuing to focus on power industry projects through its various subsidiaries.
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