Champion Homes Inc. Announces Special Equity Awards to Key Executives for Business Continuity Amid Market Challenges
Champion Homes Inc. has announced a new compensation plan for select senior executives, offering special equity awards in the form of restricted stock units (RSUs) under the 2018 Equity Incentive Plan. The awards, aimed at ensuring business continuity amid challenging market conditions, are valued at $1,750,000 for Laurie Hough, Executive Vice President, Chief Financial Officer and Treasurer; $1,500,000 for Wade Lyall, Executive Vice President, Sales and Business Development; and $1,000,000 each for Joseph Kimmell, Executive Vice President, Operations, and Laurel Krueger, Senior Vice President, General Counsel and Secretary. These RSUs will vest in one-third increments over three years, contingent on continued employment.
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