Management ChangeJun 11, 2026, 04:08 PM
Callan JMB EVP & Director Eric Kash Resigns; Receives $125K Severance
AI Summary
Eric Kash resigned from his positions as Executive Vice President and a member of the Board of Directors of Callan JMB Inc., effective June 5, 2026. His departure was not due to any disagreement with the company. In connection with his resignation, Mr. Kash and the company entered into a Settlement, Waiver and Release Agreement, which includes a severance payment of $125,000 and the retention of his 187,500 vested stock options.
Key Highlights
- Eric Kash resigned as Executive Vice President and Board Director of Callan JMB Inc. effective June 5, 2026.
- His resignation was not due to any disagreement with the company.
- Callan JMB Inc. and Mr. Kash entered into a Settlement, Waiver and Release Agreement.
- Mr. Kash will receive a total severance amount of $125,000, paid in three equal monthly installments.
- He will also receive accrued and unused vacation pay.
- Mr. Kash retains 187,500 vested stock options, exercisable for their full 10-year term.
- The agreement includes mutual releases of claims and termination of his employment agreement.
Price Impact
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