tiprankstipranks
Trending News
More News >

HashiCorp Announces Retention Bonus for Key Executive

Story Highlights
HashiCorp Announces Retention Bonus for Key Executive

HashiCorp ( (HCP) ) has issued an update.

On February 13, 2025, HashiCorp, Inc. established a retention arrangement with Susan St. Ledger, President of Worldwide Field Operations, offering a $300,000 spot bonus and a $1,500,000 retention bonus. This agreement, conditional upon her continued full-time employment until the earlier of the company’s acquisition by IBM or April 30, 2025, impacts HashiCorp’s leadership stability during the acquisition period.

More about HashiCorp

HashiCorp, Inc. operates in the technology industry, providing infrastructure automation for multi-cloud environments, which enables organizations to provision, secure, connect, and run infrastructure for any application.

YTD Price Performance: 0.56%

Average Trading Volume: 2,514,361

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $7.02B

See more data about HCP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

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