Central Garden & Pet ~ Timothy Cofer
Central Garden & Pet (NASDAQ: CENT) $1.54b Timothy Cofer $$$$ named CEO joins Board x- Mondelēz Int’l Chief Growth Officer succeeds George Roeth
$$$$ Base salary $975,000; Bonus up to 100% of base; Sign-on $1,000,000 cash plus SO value $1,100,000 25% vesting annually; Option to purchase $2.3 million restricted stock, performance units and stock options; Required to hold capital stock at 4x annual salary; For loss of unvested equity $1.9 million cash per year (2021, 2022, 2023, 2024) plus 8% compounded interest; Housing allowance $8,000 per month for 18 months, health coverage, financial counseling and car allowance https://ir.central.com/investors/governance/board-of-directors/default.aspx