Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On
Base Salary Increases
The Committee approved the following base salary increases:
Base Salary as of Name and Title Former Salary January 9, 2023
$ 375,000 $ 385,000
Operations
Tim Larson, Chief Growth Officer$ 390,000 $ 400,000 Wade Lyall, Executive Vice President, Sales and$ 375,000 $ 385,000 Business Development Robert Spence, Senior Vice Present, General$ 350,000 $ 400,000 Counsel and Secretary Timothy Burkhardt, Vice President and Controller$ 280,000 $ 300,000
Short-Term Incentive Cash Compensation
The Committee approved an increase in the annual incentive target percentage of
the short-term incentive cash compensation for certain officers.
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