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The latest announcement is out from Comtech Telecommunications (CMTL).
To ensure stability and motivation among its executive officers and key employees during a period of business disruption, a company has instituted a series of cash retention bonuses. These bonuses, totaling approximately $4.0 million, will be distributed in four quarterly installments over a year, contingent on the recipient’s continued employment. Notably, the Interim CEO has opted out, while other executives, including the CFO and COO, are set to receive substantial sums.
See more data about CMTL stock on TipRanks’ Stock Analysis page.