Microvast Holdings Raises CFO Worthen's Salary and Grants $300,000 in Restricted Stock Units

Reuters

01/10

Microvast Holdings Raises CFO Worthen's Salary and Grants $300,000 in Restricted Stock Units

Microvast Holdings Inc. has announced updated compensation terms for its executive officers. Rodney Worthen, newly appointed as Chief Financial Officer on January 7, 2026, will receive an annual base salary of $400,000 and a target annual bonus opportunity equal to 50% of his base salary, contingent on performance. Worthen will also receive a one-time cash bonus of $30,000 and an initial grant of restricted stock units valued at $300,000, set to vest in equal installments over three years, subject to continued employment. Additionally, Eric N. Garcia is set to join as Chief Accounting Officer around January 9, 2025, under terms outlined in his offer letter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microvast Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000947871-26-000019), on January 09, 2026, and is solely responsible for the information contained therein.

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Rodney Worthen, newly appointed as Chief Financial Officer on January 7, 2026, will receive an annual base salary of $400,000 and a target annual bonus opportunity equal to 50% of his base salary, contingent on performance. Worthen will also receive a one-time cash bonus of $30,000 and an initial grant of restricted stock units valued at $300,000, set to vest in equal installments over three years, subject to continued employment. Additionally, Eric N. Garcia is set to join as Chief Accounting Officer around January 9, 2025, under terms outlined in his offer letter.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Microvast Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000947871-26-000019), on January 09, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4149","symbol_name":"建筑机械与重型卡车","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260109:nNDL3PQ2mc:1","article_id":"2602014853","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2602014853","pubTimestamp":1767994727,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Microvast Holdings Inc. has announced updated compensation terms for its executive officers. Rodney Worthen, newly appointed as Chief Financial Officer on January 7, 2026, will receive an annual base salary of $400,000 and a target annual bonus opportunity equal to 50% of his base salary, contingent on performance. Worthen will also receive a one-time cash bonus of $30,000 and an initial grant of restricted stock units valued at $300,000, set to vest in equal installments over three years, subject to continued employment. Additionally, Eric N. Garcia is set to join as Chief Accounting Officer around January 9, 2025, under terms outlined in his offer letter.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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