Friedman Industries Introduces Change of Control Severance Plan
Company Announcements

Friedman Industries Introduces Change of Control Severance Plan

Friedman Industries ( (FRD) ) has provided an announcement.

Friedman Industries has introduced a Change of Control Severance Plan, offering key employees a substantial one-time bonus if their employment is terminated without cause around a change in control. The plan includes a multiplier of their salary and bonuses, with the CEO receiving a multiplier of three and the CFO two, plus added benefits like health plan contributions and outplacement services.

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

Related Articles
TheFlyFriedman Industries launches new company website
TheFlyFriedman Industries reports Q4 EPS 86c vs. ($1.11) last year
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App