An announcement from Etsy (ETSY) is now available.
Etsy’s CFO, Rachel Glaser, has announced her retirement plan, continuing her role until a successor is found or until April 1, 2025, and then transitioning to an advisory position until June 30, 2025. Her compensation includes her current salary until April 2025, eligibility for a 2024 cash incentive program, and ongoing equity awards. Post-retirement, she will receive a monthly advisory fee, healthcare coverage until late 2025, and extended stock option exercise periods. Etsy has detailed this agreement in a forthcoming Quarterly Report, cautioning that forward-looking statements involve risks and uncertainties, and actual outcomes may vary.
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