Reservoir Media has entered into amended and restated employment agreements with its top executives, effective April 1, 2026. The agreements involve Chief Executive Officer Golnar Khosrowshahi, President & Chief Operating Officer Rell Lafargue, and Chief Financial Officer James Heindlmeyer.<\/p>\n
Under the new terms, Khosrowshahi and Lafargue will each receive an annual base salary of $600,000, while Heindlmeyer will earn $425,000. All three executives will see a 3% salary increase annually, starting April 1, 2027. The agreements also include annual cash bonuses and equity awards tied to performance milestones.<\/p>\n
Khosrowshahi\u2019s agreement spans an initial term of three years, automatically renewing for two-year periods. Her compensation package includes an annual cash bonus and equity award each equal to 100% of her base salary. The agreement also ensures her reappointment to the board upon the expiration of her term.<\/p>\n
Lafargue\u2019s agreement mirrors Khosrowshahi\u2019s in terms of duration and financial incentives, with the company retaining the option to extend his term by two years. His performance-based incentives are also set at 100% of his base salary.<\/p>\n
Heindlmeyer\u2019s agreement also covers an initial three-year term, with an optional two-year extension. His annual cash bonus is targeted at 50% of his base salary, with an equity award set at 75% of his salary.<\/p>\n
Each executive\u2019s contract includes standard provisions for termination, non-compete, non-disclosure, and non-solicitation, ensuring the protection of Reservoir Media\u2019s interests.<\/p>\n
Disclaimer: This article is based on a Form 8-K filing submitted to the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"excerpt":{"rendered":"
Reservoir Media has updated employment agreements for its CEO, COO, and CFO, effective April 1, 2026. The new terms include salary increases, performance-based bonuses, and equity awards.<\/p>\n","protected":false},"author":394,"featured_media":113003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[26434,35666,26445,35665],"class_list":["post-112996","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-corporate-governance","tag-employment-agreements","tag-executive-compensation","tag-reservoir-media"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/112996","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/394"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=112996"}],"version-history":[{"count":2,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/112996\/revisions"}],"predecessor-version":[{"id":113004,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/112996\/revisions\/113004"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/113003"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=112996"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=112996"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=112996"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}