Insulet said it appointed Ana Maria Chadwick as Executive Vice President, Chief Financial Officer and Treasurer on March 20, 2024, effective April 22, 2024.

1. 01

   Insulet said it appointed Ana Maria Chadwick as Executive Vice President, Chief Financial Officer and Treasurer on March 20, 2024, effective April 22, 2024.

2. 02

   The company said Chadwick has served as Executive Vice President and CFO of Pitney Bowes since January 2021, and held a variety of leadership roles at GE Capital from 2001 to 2021.

3. 03

   Under the Offer Letter, Insulet said it offered an annual base salary of $630,000, a target cash bonus under the Annual Short-Term Incentive Program for fiscal 2024 of 70% of annual base salary, an annual equity award for 2024 with a target value of $2,500,000 (50% RSUs and 50% PSUs), and a sign-on RSU award of $1,000,000.

4. 04

   The company said it will pay Chadwick a one-time cash signing bonus of $125,000, which she must repay if she voluntarily leaves within 1 year of her hire date. It also said Lauren Budden, who has been serving as Interim CFO and Treasurer, will step down from those roles and continue as Group Vice President, Chief Accounting Officer and Controller.

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