The LGL Group, Inc. modified the compensation arrangement for CEO Jason Lamb, establishing an annual base salary of $190,000 effective from his start date.
Key takeaways
CEO Jason Lamb's compensation was modified to include an annual base salary of $190,000, effective January 5, 2026.
The base salary is in addition to a previously disclosed $60,000 incentive draw.
The Board of Directors approved the modification upon the Compensation Committee's recommendation on March 25, 2026.
The salary is subject to annual review by the Board of Directors.
No other changes were made to Mr. Lamb's compensation arrangements.