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Issuer Direct ( (ISDR) ) just unveiled an update.
Steven Knerr has been appointed as the Chief Financial Officer of Issuer Direct Corporation with an annual base salary of $200,000, an increase from his previous $178,500. The contract, effective from September 16, 2024, also provides for potential annual bonuses of 45% of his base salary, a one-time cash bonus of $25,000 for 2024, and additional discretionary bonuses or equity incentives. In the event of termination under certain conditions, Knerr is entitled to severance benefits, including continued salary for six months and medical coverage, with specifics on equity grants vesting depending on the nature of the termination. The agreement includes standard noncompetition and confidentiality clauses.
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