tiprankstipranks
Danimer Scientific Secures Leadership Stability with Retention Deals
Company Announcements

Danimer Scientific Secures Leadership Stability with Retention Deals

Story Highlights

Pick the best stocks and maximize your portfolio:

The latest announcement is out from Danimer Scientific ( (DNMR) ).

Danimer Scientific has entered into retention agreements with its Chief Financial Officer, Chief Marketing Officer, and Interim Chief Executive Officer to provide retention payments contingent on continued employment and adherence to confidentiality obligations. These agreements aim to ensure leadership stability and continuity in the company’s operations during a transitional period, with financial incentives tied to employment conditions until early 2025.

More about Danimer Scientific

YTD Price Performance: -89.41%

Average Trading Volume: 46,444

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $13.05M

Learn more about DNMR stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyBuy/Sell: Wall Street’s top 10 stock calls this week
TheFlyDanimer Scientific price target lowered to $5.50 from $40 at TD Cowen
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App