Resideo Technologies Overhauls Leadership and Incentive Plans
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Resideo Technologies Overhauls Leadership and Incentive Plans

An update from Resideo Technologies (REZI) is now available.

Resideo Technologies announced that Phillip Theodore’s employment was terminated without cause, entitling him to severance benefits and a pro-rated annual incentive payout for his contributions in 2024. Shareholders approved the Amended and Restated 2018 Stock Incentive Plan, influencing the company’s long-term incentive structure. Additionally, all director nominees were elected, executive compensation was approved, Deloitte & Touche LLP was ratified as the independent accounting firm, and a shareholder proposal on excessive severance pay was rejected during the Annual Meeting of Shareholders.

Learn more about REZI stock on TipRanks’ Stock Analysis page.

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