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The latest announcement is out from Kewaunee Scientific Corp. (KEQU).
Kewaunee Scientific Corporation has secured the commitment of its President and CEO, Thomas D. Hull III, with a Retention Bonus Agreement. Hull is set to receive a $250,000 retention bonus, with the stipulation that he must repay the full amount if he leaves the company without a valid reason, or if he is terminated for cause within three years from the agreement date. This move aligns executive incentives with the company’s long-term goals and stability.
Learn more about KEQU stock on TipRanks’ Stock Analysis page.