Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
An announcement from Iridex ( (IRIX) ) is now available.
In a significant leadership change, Dave Bruce was terminated as CEO on October 1, 2024, and resigned from the Board on November 11, 2024, receiving a separation package including accelerated vesting of stock options. Patrick Mercer, now CEO, retains a base salary of $360,000 with a potential 65% bonus, alongside a severance agreement offering 150% of his salary under specific conditions. Additionally, Kenneth E. Ludlum joins the Compensation Committee, influencing the company’s strategic direction.
Find detailed analytics on IRIX stock on TipRanks’ Stock Analysis page.
