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Resideo Technologies (REZI) has shared an announcement.
Michael Carlet has been appointed as the new Executive Vice President and Chief Financial Officer of the Company, bringing his expertise from Snap One to the role beginning August 9, 2024. His compensation includes a $575,000 base salary, potential annual bonuses, and significant long-term incentive awards. Meanwhile, Anthony Trunzo transitions to Senior Vice President, Executive Advisor to assist with the CFO changeover until his planned departure in March 2025, while Dana Huth takes on a specialized Chief Revenue Officer role for the Products & Solutions segment. Both Trunzo and Huth retain their salaries and incentive opportunities, with potential for enhanced severance benefits.
For a thorough assessment of REZI stock, go to TipRanks’ Stock Analysis page.