ACCESS Newswire (ACCS) boosts CFO annual base salary starting 2026
Rhea-AI Filing Summary
ACCESS Newswire Inc. reported a compensation change for its Chief Financial Officer, Steven Knerr. Effective January 1, 2026, his annual base salary will increase from $200,000 to $245,000, as approved by the Compensation Committee of the Board of Directors on December 16, 2025. The company states that no other terms of his employment or his existing Executive Employment Agreement dated September 16, 2024 were changed.
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FAQ
What executive compensation change did ACCESS Newswire Inc. (ACCS) disclose?
The company disclosed that its Chief Financial Officer, Steven Knerr, will receive an increase in annual base salary from $200,000 to $245,000 starting January 1, 2026.
When does the new CFO salary for ACCESS Newswire Inc. (ACCS) take effect?
The new annual base salary for CFO Steven Knerr becomes effective on January 1, 2026, following approval by the Compensation Committee on December 16, 2025.
Did ACCESS Newswire Inc. (ACCS) change any other terms of the CFO’s employment?
No. The company states that no other changes were made to Mr. Knerr’s employment relationship or his Executive Employment Agreement dated September 16, 2024.
Who approved the CFO salary increase at ACCESS Newswire Inc. (ACCS)?
The Compensation Committee of the Board of Directors of ACCESS Newswire Inc. approved the increase in CFO Steven Knerr’s annual base salary.
Which executive signed the 8-K related to the CFO compensation change at ACCESS Newswire Inc. (ACCS)?
The report was signed on behalf of ACCESS Newswire Inc. by Brian R. Balbirnie, who serves as the company’s Chief Executive Officer.