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QXO Inc (QXO) just unveiled an update.
Ihsan Essaid, a seasoned investment banker with over 30 years of experience, has been appointed as the new Chief Financial Officer of QXO, Inc. With a rich background in M&A and capital markets advisory from prestigious firms like Barclays and Credit Suisse, Essaid is set to receive a robust compensation package at QXO, Inc., including a $900,000 base salary and a potential bonus of 125% of that salary. His compensation is designed to grow with the company’s revenue, and he’s secured a $3 million sign-on bonus, which is subject to repayment conditions. Essaid’s deal also includes equity awards and protective covenants, ensuring his commitment aligns with the company’s long-term success.
For detailed information about QXO stock, go to TipRanks’ Stock Analysis page.
