Performant Financial (PFMT) has provided an announcement.
Simeon M. Kohl and Rohit Ramchandani have been appointed as CEO and CFO of Performant Financial Corporation, bringing extensive experience in executive management, healthcare, finance, and strategy. Under their employment agreements, they are set to receive substantial annual salaries with target bonuses, and conditional stock options that vest over time or based on performance metrics. Additionally, they have severance agreements that offer significant benefits in the case of involuntary termination or a change in control at the company, ensuring their vested interests align with the company’s success and providing stability for investors monitoring executive movements.
Learn more about PFMT stock on TipRanks’ Stock Analysis page.
