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Ryan Faulkingham
Ryan Faulkingham served as the Chief Financial Officer (CFO) of Compass Diversified Holdings (NYSE: CODI) until his recent departure from the company.12 Here are some key details about his role and recent developments:
Position and Responsibilities
Ryan J. Faulkingham held the positions of:
- Chief Financial Officer
- Executive Vice President
- Co-Compliance Officer
- Regular Trustee
at Compass Diversified Holdings, a company that owns and manages middle market businesses.15
Departure from Compass Diversified
- Faulkingham stepped down from his roles effective August 30, 2024.23
- His departure was classified as a termination without cause under his Employment Agreement.1
- A Separation Agreement was executed on September 12, 2024.13
Separation Terms
As part of his departure:
- Faulkingham will receive his accrued salary and vacation pay up to August 30, 2024.1
- He is entitled to a total of $1.075 million, equivalent to one year's salary and the discretionary bonus awarded for 2023.13
- He will receive health coverage reimbursement until December 2025 or until he finds new employment.3
- Faulkingham agreed to assist with the transition for 60 days and waived most claims against his former employers.3
Successor
Stephen Keller was appointed as the new Chief Financial Officer of Compass Diversified Holdings, effective August 31, 2024.24
LinkedIn Profile
Ryan Faulkingham's LinkedIn profile indicates that he is based in Westport, Connecticut, and has over 500 connections on the professional networking platform.6
Highlights
Sep 17 · investing.com
Compass Diversified announces CFO Faulkingham's exit
Aug 26 · markets.businessinsider.com
Compass Diversified CFO Ryan Faulkingham To Step Down
Aug 26 · tipranks.com
Compass Diversified Announces CFO Transition and New ...
Aug 26 · nasdaq.com
Compass Diversified CFO Ryan Faulkingham To Step Down - Nasdaq