The latest announcement is out from CV Sciences (CVSI).
CV Sciences, Inc. has renewed its commitment to top executives Joseph Dowling and Joerg Grasser through new employment agreements, ensuring continuity in leadership roles. Dowling, as CEO, and Grasser, as CFO, will have their positions secured for three years, with base salaries of $300,000 and $235,000 respectively. Both are eligible for performance-based bonuses and equity incentives, with robust severance packages outlined in case of termination under various circumstances. These agreements reflect the company’s strategy to maintain stable and incentivized management amidst the financial market’s dynamic landscape.
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