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Re: Chronic The Hemp Hog post# 21

Tuesday, 12/05/2017 12:24:16 PM

Tuesday, December 05, 2017 12:24:16 PM

Post# of 33
I doubt it. System they have is awesome. Bones of it is worth mucho IMO. They just had way 2 much money out the door. News shows they might be trying 2 fix that .

Connecture Inc. (CNXR) filed a Form 8K - Director, Officer or Compensation Filing - with the U.S Securities and Exchange Commission on November 28, 2017.

On November 28, 2017, the Board of Directors (the "Board") of Connecture, Inc. (the "Company"), approved a transition plan pursuant to which Brian D. Lindstrom would be hired and appointed Chief Financial Officer and Corporate Secretary and Vincent E. Estrada, the Company's prior Chief Financial Officer and Corporate Secretary, would transition to a new role within the Company as Executive Vice President of Corporate Development, each effective December 4, 2017.

Prior to joining the Company, Mr. Lindstrom, age 46, served as Chief Operating Officer of Datica Health, Inc., a provider of HIPAA compliant, cloud-based infrastructure for developers across healthcare, from December 2016 through November 2017. Previously, Mr. Lindstrom served as the Chief Financial Officer of Influence Health, Inc., a developer of clinical and digital marketing software for healthcare providers, from May 2013 through November 2016, and as Corporate Controller for Epic Systems, Inc., a provider of inpatient and ambulatory enterprise healthcare management software, from May 2007 through April 2013. Mr. Lindstrom is a CPA, holds a B.S. in accounting from Bradley University, M.S. from Purdue University and Advanced Management Program from University of Chicago.

Mr. Lindstrom's annual base salary will be $275,000, he will have an annual target bonus of 50% of his annual base salary. In connection with his appointment, the Company will grant Mr. Lindstrom restricted stock units representing 300,000 shares of the Company's common stock.
In connection with the appointment of Mr. Lindstrom as Chief Financial Officer as of December 4, 2017, Mr. Estrada will assume the role of Executive Vice President of Corporate Development. In connection with his new position, Mr. Estrada entered into a letter agreement, pursuant to which he has agreed to reduce his annual salary to $85,000 and retain a target bonus of 50% of his annual base salary, each effective January 1, 2018. Additionally, Mr. Estrada agreed to amend his employment agreement to provide that if he is terminated before January 1, 2019, the base salary used for purposes of determining his severance payments thereunder will be $300,000 and if he is terminated after January 1, 2019, his base salary for purposes of determining his severance payments will be his then-current base salary.

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