Apogee Enterprises Offers CEO Nolan Transition Bonus of Up to $250,000
Bitget2026/11/02 15:40- Apogee Enterprises extended CEO and Executive Chair Donald A. Nolan's employment from November 1, 2026, through April 30, 2027.
- Compensation includes $925,000 annualized salary, a performance-based transition bonus up to $250,000 and a $25,000 travel and lodging payment.
- Monthly time-based restricted stock units carry a $145,834 target grant-date value, reflecting a $1.75 million annualized target prorated for CEO service.
- Each award vests on its first grant-date anniversary, subject to applicable conditions; previously granted units remain eligible subject to continued service.
- Nolan will relinquish the CEO role when a permanent successor starts, remaining an employee and executive chair through the extended term.
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