Kodak Extends CEO Continenza Deal to 2030 With $1.2M Salary and 5M RSU Grant

Reuters02-28
Kodak Extends CEO Continenza Deal to 2030 With $1.2M Salary and 5M RSU Grant

Eastman Kodak Company entered into a new Executive Chairman and CEO employment agreement with James V. Continenza, effective Jan. 1, 2026, extending his term through Dec. 31, 2030. Under the deal, Continenza will receive a $1.2 million annual base salary and is eligible for an annual cash incentive of up to 125% of base salary. He also received a renewal equity award of 5 million restricted stock units vesting annually over five years starting Dec. 31, 2026, plus annual RSU awards valued at $2.5 million, split between time-vesting units over three years and performance-based units over a three-year period.

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. Eastman Kodak Company 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: 0001193125-26-083095), on February 27, 2026, and is solely responsible for the information contained therein.

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