Mastech Holdings Inc (MHH) has provided an update.
Mastech Digital, Inc. has updated employment agreements with top executives Vivek Gupta and John J. Cronin, Jr., outlining salaries, performance-based bonuses, and equity incentives. Gupta will earn a base salary of $585,000, and Cronin $450,000, both with eligibility for significant performance bonuses and stock options. The agreements detail severance conditions, including extended salary, bonuses, and benefits in the case of termination without cause or resignation for good reason, with additional provisions following a change in company control. These executive contracts are designed to retain leadership and align their interests with the company’s financial and operational goals.
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