Coffee Holding CEO Andrew Gordon Takes Pay Cut to $80,000 With $1.6 Million 2030 Bonus Offer

Reuters02-28

Coffee Holding CEO Andrew Gordon Takes Pay Cut to $80,000 With $1.6 Million 2030 Bonus Offer

Coffee Holding Co. Inc. amended its employment agreement with President, CEO, CFO and Treasurer Andrew Gordon, cutting his base salary to $80,000 per year from $325,000. The amendment also grants Gordon a $1.6 million incentive bonus if he remains employed through January 1, 2030, payable by March 16, 2030, and requires him to sign a general release to receive severance benefits.

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. Coffee Holding Co. 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: 0001493152-26-008333), on February 27, 2026, and is solely responsible for the information contained therein.

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Inc. amended its employment agreement with President, CEO, CFO and Treasurer Andrew Gordon, cutting his base salary to $80,000 per year from $325,000. The amendment also grants Gordon a $1.6 million incentive bonus if he remains employed through January 1, 2030, payable by March 16, 2030, and requires him to sign a general release to receive severance benefits.\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. Coffee Holding Co. 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Inc. amended its employment agreement with President, CEO, CFO and Treasurer Andrew Gordon, cutting his base salary to $80,000 per year from $325,000. The amendment also grants Gordon a $1.6 million incentive bonus if he remains employed through January 1, 2030, payable by March 16, 2030, and requires him to sign a general release to receive severance benefits.\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. Coffee Holding Co. 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