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Hennessy Advisors ( (HNNA) ) just unveiled an update.
Hennessy Advisors, Inc. has made significant changes to the employment agreements of key executives, with Neil J. Hennessy seeing a reduction in his quarterly incentive-based bonus from 6.5% to 5.0% of pre-tax profits, while Teresa M. Nilsen’s similar bonus increased to 5.0% and her base salary rose to $375,000. Additionally, the company’s Chief Financial Officer, Kathryn R. Fahy, received a salary adjustment to $275,000, all effective from the start of October 2024. These strategic compensation adjustments reflect the company’s effort to align executive incentives with its financial performance.
See more data about HNNA stock on TipRanks’ Stock Analysis page.
