Research Reports

Key takeaways

Christopher S. Fraser appointed CFO effective May 18, 2026, replacing Charles K. Griffith Jr. retiring end of May.

Fraser receives $270,000 base salary and 33% target bonus ($90,000).

Initial grant of 60,000 stock options vesting 25% annually over four years.

$25,000 relocation payment subject to repayment if leaves within 12 months.

COC Agreement provides 12 months salary continuation and full option vesting acceleration upon change of control termination.

Fraser's experience includes Controller at Precision Castparts Corp. and prior CFO roles.

Full analysis

The appointment of Christopher S. Fraser as CFO brings extensive finance leadership from Precision Castparts Corp., a Berkshire Hathaway subsidiary, where he managed operations across aerospace manufacturing plants, along with prior CFO experience in grant-funded ventures and senior roles at A.W. Chesterton and Oxford Instruments. This transition ensures continuity as Charles K. Griffith Jr. retires after seven years, with overlap through May 2026. Compensation aligns incentives with shareholders via significant equity grant and performance-tied bonus, while COC protections and non-compete terms secure commitment amid competitive talent market for advanced materials sector executives.

CPSH · CPS Technologies Corporation

Summary

Key takeaways

Full analysis