The latest announcement is out from Comtech Telecommunications (CMTL).
Comtech Telecommunications Corp. has updated its employment agreement with Interim CEO John Ratigan, reflecting his new role and duties until November 30, 2026. Ratigan will earn an annual salary of $525,000, a monthly stipend of $10,000 during his interim term, up to a 70% target bonus based on his salary, and potential discretionary bonuses. Additionally, he’s eligible for equity awards under the company’s Equity and Incentive Plan. This move has been fully endorsed by the company’s Board of Directors.
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