Cannae Holdings ( (CNNE) ) has issued an announcement.
On March 17, 2025, Cannae Holdings, Inc. entered into a three-year employment agreement with Peter T. Sadowski, their Executive Vice President and Chief Legal Officer, and updated the employment agreement with William P. Foley II, their Chairman, CEO, and Chief Investment Officer. The agreements are effective as of the same date. The Chief Legal Officer’s agreement includes provisions for automatic extensions and benefits such as a minimum annual salary, bonus eligibility, and insurance coverage. The CEO’s updated agreement introduces a clause for stock purchase by the company if Mr. Foley terminates his employment for Good Reason, ensuring a favorable price for his shares.
More about Cannae Holdings
YTD Price Performance: -16.85%
Average Trading Volume: 444,838
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $1.03B
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