Kartoon Studios, Inc. has announced a new Executive Employment Agreement with Andrew Heyward, who will continue to serve as the Chief Executive Officer for the next three years. Effective August 25, 2025, the agreement maintains Mr. Heyward's annual base salary at the level of his previous contract. Additionally, he will be eligible for an annual performance bonus contingent on achieving specific yearly targets. This agreement supersedes the prior employment arrangement with Mr. Heyward.
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. Kartoon Studios, 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: 0001683168-25-006589), on August 29, 2025, and is solely responsible for the information contained therein.