The company said its Board of Directors promoted John J. Morris, Jr. to President on May 14, 2025, reporting to Chief Executive Officer James C. Fish, Jr. Fish voluntarily resigned as President.

1. 01

   The company said its Board of Directors promoted John J. Morris, Jr. to President on May 14, 2025, reporting to Chief Executive Officer James C. Fish, Jr. Fish voluntarily resigned as President.

2. 02

   The company said Morris, 55, has served as Executive Vice President and Chief Operating Officer since 2019 and will now serve as President and Chief Operating Officer. The press release said he will continue to be responsible for all field operations.

3. 03

   The company said Morris's annual base salary was increased to $1 million in connection with his promotion, and his target annual cash incentive is 125% of his base salary in effect at year end.

4. 04

   The company said it approved an award of RSUs under its 2023 Stock Incentive Plan with a grant date of May 20, 2025 and a value of $1.05 million. RSUs vest 34% on the 1st anniversary of grant, 33% on the 2nd anniversary, and 33% on the 3rd anniversary.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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