GoodRx Holdings (GDRX) has issued an update.
GoodRx Holdings, Inc. has updated its employment agreement with Interim CEO Scott Wagner, now offering him an indefinite term with the potential for an annual cash incentive bonus equal to his base salary, based on performance goals set by the Board. Wagner is also set to receive generous severance benefits under certain conditions and has been awarded $8 million in equity incentives, vesting monthly over eight installments starting May 2024, contingent on ongoing employment. Additionally, Board members Adam Karol and Stephen LeSieur have resigned, with no disagreements cited regarding the company’s operations or practices.
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