Willis Lease Finance ( (WLFC) ) has provided an update.
On March 13, 2025, Willis Lease Finance Corporation’s Board of Directors approved a renewed and amended employment agreement for Charles F. Willis IV, who will continue as Executive Chairman. The agreement includes a five-year term with automatic renewals, an initial annual base salary of $1,269,000, and a target annual bonus of 150% of the base salary. Additionally, the agreement introduces a new trigger for change in control and includes a grant of restricted stock and stock options for Mr. Willis, which are subject to vesting conditions and are part of the company’s incentive plan.
More about Willis Lease Finance
Willis Lease Finance Corporation operates in the aviation industry, primarily focusing on leasing large commercial aircraft engines and providing related services. The company is known for its comprehensive asset management solutions and has a significant presence in the global aviation market.
YTD Price Performance: -13.70%
Average Trading Volume: 37,438
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.18B
See more data about WLFC stock on TipRanks’ Stock Analysis page.