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Luminar Technologies ( (LAZR) ) just unveiled an update.
Luminar Technologies announced that Alan Prescott, the Chief Legal Officer and Secretary, will step down from his role effective December 12, 2024, as part of a mutual agreement. The transition involves a separation agreement that includes a severance package with a $300,000 payment and 55,000 restricted stock units contingent on performance, highlighting a strategic change in the company’s executive team.
More about Luminar Technologies
Luminar Technologies is a company operating in the technology industry, focusing on developing sensor technologies and hardware, primarily for the automotive sector to enhance vehicle safety and performance.
YTD Price Performance: -85.18%
Average Trading Volume: 2,545,859
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $249.4M
Find detailed analytics on LAZR stock on TipRanks’ Stock Analysis page.
