IEH Sets CFO Purkayastha's Annual Base Salary at $293,950 Under New Employment Agreement
Bitget2026/10/27 20:47- IEH entered into a new employment agreement with Chief Financial Officer Subrata Purkayastha on October 23, 2026.
- The agreement runs from November 1, 2026, through October 31, 2029, with an annual base salary of $293,950.
- Purkayastha is eligible for an annual performance-based bonus of up to 100% of base salary.
- She will receive 35,000 immediately vested options exercisable at $29.60 per share for the fiscal year ending March 31, 2027.
- Termination without cause or resignation for good reason triggers 24 months of base salary, with health and welfare coverage for up to 24 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

Pyth October Report: ARR Jumps 18.9% as Data Expansion Accelerates

Elon Musk: SpaceX (SPCX.US) Q4 revenue is expected to increase by approximately 70% quarter-on-quarter, with government contract income share falling below 10%
Elon Musk stated on Friday that SpaceX (SPCX.US) will continue to reduce its dependence on U.S. government procurement contracts.

After the sharp decline in tech stocks, the White House suddenly canceled the top tech advisor meeting the following day.
The White House has canceled the previously scheduled President’s Council of Advisors on Science and Technology meeting, which was set for Friday and includes prominent tech leaders such as Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. The Department of Energy's meeting page briefly listed November 13 as the new meeting date, but the agency later sent an email retracting this information. Currently, the specific date for rescheduling the meeting remains unclear.
