Global Water Resources Secures New Executive Agreements

TipRanks
Dec. 26, 2024, 03:17 PM

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Global Water Resources ( (GWRS) ) has issued an update.

Global Water Resources, Inc. has entered into new employment agreements with its top executives, including the President and CEO, Ron Fleming, effective January 1, 2025. These agreements include stipulated base salaries, which will increase in 2026, and provisions for annual incentive compensation in the form of cash bonuses or restricted stock units. Additionally, the agreements outline conditions for termination and change of control, ensuring financial and equity protections for the executives, impacting the company’s stability and executive retention.

More about Global Water Resources

YTD Price Performance: -10.49%

Average Trading Volume: 25,263

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $276.9M

Find detailed analytics on GWRS stock on TipRanks’ Stock Analysis page.

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Global Water Resources Inc
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