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GSE Systems (GVP) just unveiled an announcement.
GSE Systems, Inc. has appointed Ravi Khanna as the new CEO and President, effective April 30, 2024, with an initial salary bump to $350,000 and potential bonuses tied to performance goals—up to 120% of his salary if certain EBITDA targets are met. His employment agreement includes an initial term ending December 31, 2024, with automatic one-year renewals unless notice is given, and he’s granted 100,000 restricted stock units with a structured vesting plan. With a background in Chemical Engineering and over 25 years of experience in sectors ranging from Defense to Management Consulting, Khanna brings a wealth of knowledge to his new role, having previously enhanced business lines and driven growth at companies like Accenture LLP and ViaSat, Inc.
Find detailed analytics on GVP stock on TipRanks’ Stock Analysis page.
