tiprankstipranks
Purple Innovation Welcomes New CFO and CLO with Equity Grants
Company Announcements

Purple Innovation Welcomes New CFO and CLO with Equity Grants

Purple Innovation (PRPL) has shared an update.

Todd Vogensen and Tricia McDermott have been appointed as the Chief Financial Officer and Chief Legal Officer, respectively, of a company, and they’ve been welcomed with substantial inducement grants of equity in the form of performance stock units (PSUs) and restricted stock units (RSUs). Vogensen received 240,741 PSUs and 129,630 RSUs, while McDermott was granted 200,617 PSUs and 108,024 RSUs. Both these grants come with specific vesting schedules and performance conditions, and a recent press release on March 14, 2024, publicly announced these strategic appointments and their compensation details.

See more data about PRPL stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyMattress stocks fall after Wedbush says sales ‘slowed materially’ in June
TheFlyPurple Innovation price target lowered to $1 from $2 at UBS
TheFlyPurple Innovation management to meet with Roth MKM
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!