Safe Harbor Financial Restructures Executive Contracts, Targets $350K in Savings
Portfolio Pulse from Benzinga Newsdesk
Safe Harbor Financial, a subsidiary of SHF Holdings, Inc. (NASDAQ:SHFS), has restructured executive contracts to save $350,000. The restructuring includes extending contracts for key executives and shifting compensation towards performance-based incentives.
September 04, 2024 | 11:35 am
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SHF Holdings, Inc. (NASDAQ:SHFS) has restructured executive contracts to save $350,000, aligning compensation with company growth and revenue objectives. This move could enhance financial performance and investor confidence.
The restructuring of executive contracts to save $350,000 and align compensation with performance objectives is likely to improve financial efficiency and align management goals with shareholder interests. This could positively impact SHFS's stock price in the short term as investors may view the cost savings and performance alignment favorably.
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