First Western Financial Inc (MYFW) has released an update.
First Western Financial, Inc. has signed a new employment agreement with CFO David R. Weber, effective February 14, 2024, with an initial term ending on December 31, 2024, and automatic annual renewals. Weber’s package includes a $275,000 base salary with annual reviews, eligibility for incentive compensation, and standard company benefits. Termination conditions provide Weber with accrued compensation and benefits, with additional provisions in case of death, disability, or a company change in control. Post-employment, Weber is subject to a one-year non-compete and non-solicitation clause.
For further insights into MYFW stock, check out TipRanks’ Stock Analysis page.
