Tim Hockey
Wednesday, July 24, 2019
TD Ameritrade (NASDAQ: AMTD) $28.9b Tim Hockey to retire as CEO and from Board upon naming a successor
Salary continuance thru February 2020 $1,000,000; 2019 target annual cash incentive bonus is $2,250,000; Target performance stock unit grant is $5,250,000; Lump sum transition payment of $3,540,000; Severance benefits 2x base salary & average annual cash bonuses for prior two years; Vesting of outstanding restricted stock units est. value of $8,597,319; Right to exercise his stock options; COBRA coverage for 24 months; Reimbursement of certain legal and tax preparation fees