Boxlight Announces Severance and Incentive Terms for Departing Executive

Reuters01-17
Boxlight Announces Severance and Incentive Terms for Departing Executive

Boxlight Corporation has announced new compensation terms related to the planned leadership transition of Jens Holstebro, who will step down as Executive VP and General Manager of the Americas effective January 27, 2026. Under his employment agreement, Holstebro will receive severance benefits that include 12 months of his current base salary, the earned but unpaid portion of his long-term cash incentive bonus, and company contributions toward COBRA premiums for continued group medical, dental, and vision coverage for up to 12 months. Additionally, under his long-term cash incentive plan, he is entitled to payment for the July 1, 2025 through June 30, 2026 performance period, with the amount expected to be no less than approximately $25,000, provided he executes a release.

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