Ponce Financial Enters Control Agreement with CFO
Don't Miss our Black Friday Offers:Unlock your investing potential with TipRanks Premium - Now At 40% OFF!Make smarter investments with weekly expert stock picks from the Smart Investor NewsletterPonce Financial Group Inc ( (PDLB) ) has shared an update.Ponce Bank has entered into a Change in Control Agreement with its CFO, Sergio Vaccaro, offering certain benefits if there’s a company takeover followed by his termination without cause or resignation for good reason. The benefits include a payout of 1.5 times his average annual salary over the past five years and continued life, medical, and disability coverage. These terms are subject to regulatory conditions.For an in-depth examination of PDLB stock, go to TipRanks’ Stock Analysis page.Trending ArticlesWhat If Elon Musk Actually Did Buy the Comcast (NASDAQ:CMCSA) Channels? Long John Silver: Pirate, Mutineer, and Personal Finance Guru? ETH, ETHQ, ETHX: 3 Ethereum ETFs to Boost Portfolio Returns
