Limbach Holdings Introduces Executive Severance and Incentive Plan

Limbach Holdings ( (LMB) ) has provided an update.

Limbach Holdings, Inc. has introduced a new Executive Severance and Change in Control Plan effective January 1, 2025, aimed at providing financial support to senior executives upon qualifying employment termination. This initiative is part of the company’s strategy to attract and retain top-tier talent, crucial for its success. Additionally, the company’s Compensation Committee has approved new forms of restricted stock unit award agreements under its incentive plan, incorporating performance-based and time-based vesting criteria. These new equity award forms are designed to align with the severance plan and include provisions to ensure compliance and protect the company’s interests.

More about Limbach Holdings

Limbach Holdings, Inc. operates in the construction and engineering industry, focusing on mechanical, electrical, and plumbing (MEP) services. The company is known for its expertise in designing, installing, and maintaining building systems and solutions for diverse markets.

YTD Price Performance: 6.09%

Average Trading Volume: 123,671

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $1.06B

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