Anyone knows what Cordani's retirement package is worth?
Hey Cordani, don't let the door hit you it in the "back". Thanks for leaving in the hands of Brian Evanko. God help us!
2 replies (most recent on top)
The 8-K report from earlier this year details that Cordani in “retirement “ is still going to be collecting a salary and bonuses:
On February 25, 2026, the Board approved compensation arrangements for Mr. Cordani to reflect his role and responsibilities as Executive Chair. Effective July 1, 2026, Mr. Cordani’s annual rate of base salary will be $1,000,000 and his EIP annual target will be $2,000,000. Mr. Cordani will continue to be eligible for LTI awards, subject to the approval of the Board. In addition, with respect to the 2026-2028 SPS award granted as part of Mr. Cordani’s 2026 LTI award for his current role, such SPS award will be eligible to continue to vest following retirement so long as Mr. Cordani remains in service to the Company for one year from the grant date and continues to comply with restrictive covenants thereafter.
https://www.sec.gov/Archives/edgar/data/1739940/000114036126007450/ef20066976_8k.htm
I heard a rumor that Cordani’s 401K is nearly $300,000.