Everspin Technologies, Inc. has appointed William Cooper as the company's new Chief Financial Officer, effective January 6, 2025. Previously, Mr. Cooper worked at Advanced Micro Devices, Inc., holding several executive finance roles. His extensive background includes serving as Director of Finance at AMD, where he supported various functions, including financial planning and analysis, compliance, supply chain, and operations finance. Mr. Cooper's compensation includes a $300,000 base salary, potential for 75% of that salary as an annual bonus, a $45,000 sign-on bonus contingent on one year of service, and 100,000 restricted stock units that vest over four years. He's also part of the Executive Change in Control Plan, providing benefits in case of termination around a change in control event. Concurrently, Matthew Tenorio's role as Interim CFO concluded, and he transitioned to Vice President, Finance on the same date.
Names mentioned: - Everspin Technologies, Inc. - William Cooper - Advanced Micro Devices, Inc. (AMD) - Matthew Tenorio - Sanjeev Aggarwal