Analyst Summary
- Reza Kasnavi appointed as Executive Vice President, Chief Operations and Technology Officer, effective March 15, 2025.
- Kasnavi’s annual base salary increased from $650,000 to $700,000.
- Kasnavi’s eligibility for cash incentive awards under the FY2025 EIP increased from 80% to 90% of his base salary, with a maximum potential payout of two times the target award.