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ModusLink Global Solutions, Inc. Message Board

  • julissahutchenson julissahutchenson Dec 5, 2011 1:02 PM Flag

    MLNK - ModusLink appoints Thomas Nightingale President, Sales and Marketing

    MLNK: ModusLink appoints Thomas Nightingale President, Sales and Marketing http://stockexchangetube.info/investments/MLNK

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    • Didn't last all that long:

      On January 25, 2013, Thomas Nightingale resigned his position as President, Sales and Marketing of ModusLink Global Solutions, Inc. (“ModusLink”) effective January 31, 2013. In order to insure a smooth transition of his duties and responsibilities, and to obtain a release of claims, ModusLink entered into a Transition Agreement with Mr. Nightingale (the “Transition Agreement”). Mr. Nightingale agreed to transition his duties and to cooperate with and provide consulting services to ModusLink at a rate of $50,000 per month for a period of six months and reimbursement for the cost of continued COBRA coverage under the ModusLink health benefit plans for up to nine months. ModusLink also agreed not to seek reimbursement of his relocation expenses or signing bonus.

 
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