Management ChangeAug 5, 2026, 04:37 PM
AIB Data Centers CFO Jolienne Halisky Transitions to Employee
AI Summary
AIB Data Centers Inc. formalized an employment agreement with its Chief Financial Officer, Jolienne Halisky, transitioning her from an independent contractor to an employee. Her annual base salary is set at $225,000, with eligibility for performance-based bonuses and equity participation. Additionally, the company's Board of Directors approved an annual cash compensation program for non-employee independent directors, providing each with $50,000 annually, payable quarterly.
Key Highlights
- CFO Jolienne Halisky transitioned from an independent contractor to an employee.
- Ms. Halisky's annual base salary is set at $225,000.
- She is eligible for an annual discretionary, performance-based bonus and equity incentive plan participation.
- Severance includes six months' base salary for termination without cause or resignation for good reason.
- Severance increases to twelve months' base salary and accelerated equity vesting if termination occurs within 12 months of a Change in Control.
- The Board approved an annual cash compensation program for non-employee independent directors.
- Each independent director will receive annual cash compensation of $50,000, paid quarterly.
Price Impact
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