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The latest announcement is out from American Public Education (APEI).
American Public Education, Inc. is on the hunt for a new Chief Financial Officer as the Board of Directors sets in motion a succession plan. The current CFO, Richard W. Sunderland, Jr., will stay on board for up to 90 days post the appointment of his successor to ensure a smooth transition. Sunderland’s ongoing role is governed by a Transition and Release Agreement, which maintains his existing compensation and benefits until his departure. Should he leave under favorable conditions, such as not for Cause or without Good Reason, he will be entitled to full vesting of his equity awards in accordance with the terms of his 2014 Employment Agreement.
For detailed information about APEI stock, go to TipRanks’ Stock Analysis page.
