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The latest update is out from GSE Systems Inc (GVP).
GSE Systems, Inc. has elevated Damian DeLongchamp to the role of Chief Operating Officer, a strategic move given his extensive 20-year background in various energy sectors, including nuclear and renewable energy. DeLongchamp, who previously held the position of Vice President within the company, will now enjoy a base salary increase to $275,000, with the potential for bonuses and equity-based incentives tied to performance. His employment terms, which feature competitive non-compete and severance provisions, underscore the company’s commitment to stability and leadership in its operational strategy.
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