An update from S&W Seed Company (SANW) is now available.
Mr. Herrmann has renewed his role as President and CEO with an annual salary of $500,000. Starting in fiscal year 2025, he’s eligible for cash bonuses and stock awards that could significantly increase his compensation, with part of it vesting over three years. While his company-provided housing will end in August 2024, he has a safety net ensuring salary continuation or accelerated stock benefits if his employment ends under certain conditions. The overall terms of his employment have largely remained the same.
Learn more about SANW stock on TipRanks’ Stock Analysis page.