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Open Lending Corporation (LPRO) has shared an update.
Open Lending Corporation recently terminated Thinh Nguyen, their Chief Information Officer, with the separation taking effect immediately. Nguyen’s departure was managed through a separation agreement that includes a severance payment of $145,382.40 and an additional $4,008.60 to cover six months of COBRA premiums. Payments are to be made in lump sums within 30 days, accompanied by a release of claims and a clause requiring Nguyen’s cooperation during the transition.
For detailed information about LPRO stock, go to TipRanks’ Stock Analysis page.