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Five9 Extends Key Employee Severance Plan to 2027

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Five9 Extends Key Employee Severance Plan to 2027

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The latest announcement is out from Five9 ( (FIVN) ).

Five9, Inc. announced an extension of its 2019 Key Employee Severance Benefit Plan (KESP) for two additional years, now set to expire on April 4, 2027. This extension maintains the same benefits for senior executives, including lump sum payments and health coverage based on employment termination circumstances. The plan also addresses benefits in the event of a change in control, ensuring continued support for executives during transitions.

More about Five9

YTD Price Performance: -0.79%

Average Trading Volume: 1,123,335

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.02B

For a thorough assessment of FIVN stock, go to TipRanks’ Stock Analysis page.

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