StockWatch
·
Miscellaneous manufacturing industries
Management ChangeMay 21, 2026, 05:32 PM

Daktronics extends Carla Gatzke's consulting agreement, reduces fee to $7,500/month

AI Summary

Daktronics Inc. has extended its Consulting Agreement with Carla Gatzke, a former named executive officer, through August 28, 2026. The amendment, effective May 1, 2026, reduces the scope of services to project-specific advisory and lowers the monthly consulting fee from $30,000 to $7,500. All other terms and conditions of the original agreement remain in effect.

Key Highlights

  • Daktronics extended the Consulting Agreement with former executive Carla Gatzke through August 28, 2026.
  • The original monthly consulting fee was $30,000 through April 30, 2026.
  • The new monthly consulting fee for the extended term is reduced to $7,500.
  • Services during the extended term are limited to project-specific advisory at the company's request.
  • The First Amendment to the Consulting Agreement became effective as of May 1, 2026.