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The latest announcement is out from NI Holdings ( (NODK) ).
Michael J. Alexander’s tenure as President and CEO of NI Holdings, Inc. came to an end on August 13, 2024, when he was let go without cause. A subsequent Separation Agreement outlined his severance package, which includes over $3.8 million, equivalent to three years of salary and bonuses, plus 36 months of medical plan premiums. This arrangement honors his original employment agreement, and while Mr. Alexander retains the option to revoke the agreement within a week of signing, it remains inactive until this period expires.
See more data about NODK stock on TipRanks’ Stock Analysis page.