Pursuit Attractions and Hospitality Inc. has adopted a new Executive Severance Plan, effective December 4, 2025, replacing all previous executive severance policies. Under the plan, President and CEO David Barry is designated as a Tier 1 Covered Employee. If Mr. Barry is terminated without cause or resigns for good reason, he will receive a lump sum cash severance equal to 24 months of his current base salary, among other benefits. Chief Financial Officer Michael "Bo" Heitz is designated as a Tier 2 Covered Employee under the same plan. The company and Mr. Barry entered into a participation agreement reflecting these updated terms, replacing his prior severance agreement from October 2024.
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. Pursuit Attractions and Hospitality 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: 0001193125-25-314297), on December 10, 2025, and is solely responsible for the information contained therein.