Blaize Holdings Unveils New Executive Severance and Change-in-Control Compensation Plan

Reuters01-06
Blaize Holdings Unveils New Executive Severance and Change-in-Control Compensation Plan

Blaize Holdings Inc. has approved new Change in Control and Severance Agreements for certain senior executives, including Vice President of Platform Engineering Santiago Fernandez-Gomez and Chief Financial Officer Harminder Sehmi. Under the new agreements, executives terminated without cause or resigning for good reason in connection with a change in control will receive a lump sum severance equal to twelve months of base salary, a pro-rata portion of their target annual bonus, continued medical benefits, and immediate vesting of 100% of equity awards, with performance-based awards vesting at target level unless otherwise determined by the compensation committee. For non-change in control terminations, Mr. Sehmi will receive twelve months’ base salary and accelerated vesting of 50% of his time-vested equity. CEO Dinakar Munagala’s pending agreement will provide eighteen months’ base salary and medical benefits in a change in control scenario, and full vesting of time-based equity in non-change in control terminations. The agreements replace any previous severance arrangements.

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. Blaize 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: 0001871638-26-000001), on January 05, 2026, and is solely responsible for the information contained therein.

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