E2open Parent Holdings (ETWO) has released an update.
E2open Parent Holdings, Inc. solidified its leadership by appointing Mr. Andrew Appel as the permanent CEO after his interim term. The revised employment agreement includes a three-year tenure with automatic renewals, a base salary of $650,000, and the potential for a 125% performance-based bonus. Additionally, Appel received a $1.5 million sign-on bonus, subject to conditions, and various stock-related incentives, with specific provisions for termination scenarios and corporate changes. This move aims to strengthen the company’s executive stability and signals a strategic direction to the market.
For further insights into ETWO stock, check out TipRanks’ Stock Analysis page.
