Investar entered into employment and salary continuation agreements with Linda M. Crochet and Jeffrey W. Martin, who will continue as Executive Vice President & Chief Operations Officer and Executive Vice President & Chief Risk Officer, respectively, effective July 17, 2026.
| IndividualLinda M. CrochetJeffrey W. Martin | RoleExecutive Vice President & Chief Operations Officer of the BankExecutive Vice President & Chief Risk Officer of the Bank | Type of ChangeEmployment agreement entered/continuedEmployment agreement entered/continued | Effective DateJuly 17, 2026July 17, 2026 | ReasonApproved by Company Board upon Compensation Committee recommendation; continuation of rolesApproved by Company Board upon Compensation Committee recommendation; continuation of roles | Replacement InfoNot disclosedNot disclosed | Background DetailsAnnual base salary $280,000; eligible for annual incentive up to 36%; term to July 17, 2029 with automatic renewals; benefits and severance provisions described in agreement (see filing)Annual base salary $275,000; eligible for annual incentive up to 36%; term to July 17, 2029 with automatic renewals; benefits and severance provisions described in agreement (see filing) | Board/Committee Role ChangesNot disclosedNot disclosed |
Original SEC Filing:
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