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Heritage Global Approves New CFO Compensation Plan

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Heritage Global Approves New CFO Compensation Plan

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Heritage Global ( (HGBL) ) has provided an update.

Heritage Global, Inc.’s Compensation Committee approved a new compensation plan for its Chief Financial Officer, Brian Cobb, which will be effective from 2025 to 2028. This plan includes an annual base salary of $300,000 and the potential for performance-based cash bonuses, as well as a restricted stock award of 125,000 shares vesting over four years. The announcement highlights the company’s focus on incentivizing risk management and successful mergers and acquisitions, indicating a strategic emphasis on these areas for future growth.

More about Heritage Global

YTD Price Performance: 0.0%

Average Trading Volume: 63,405

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $69.83M

For an in-depth examination of HGBL stock, go to TipRanks’ Stock Analysis page.

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