STOCK TITAN

Standard Premium Finance Holdings, Inc. Announces Execution of Employment Agreements with CEO and CFO

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags

Standard Premium Finance Holdings (OTCQX: SPFX) has announced the execution of five-year employment agreements with its top executives. The company has secured contracts with William Koppelmann, President and CEO, and Brian Krogol, CFO, effective March 31, 2025.

The agreements, approved by the Compensation Committee and Board of Directors, include competitive compensation packages with base salaries, performance-based incentives, and equity grants. The compensation framework follows a Management by Objectives (MBO) approach, linking executive pay to key performance indicators including:

  • Growth targets
  • Profitability metrics
  • Uplisting to NASDAQ Stock Market

Standard Premium Finance Holdings (OTCQX: SPFX) ha annunciato la stipula di contratti di lavoro quinquennali con i suoi dirigenti di punta. L'azienda ha siglato contratti con William Koppelmann, Presidente e CEO, e Brian Krogol, CFO, a partire dal 31 marzo 2025.

Gli accordi, approvati dal Comitato per la Retribuzione e dal Consiglio di Amministrazione, includono pacchetti retributivi competitivi con stipendi base, incentivi legati alle performance e concessioni di azioni. Il quadro retributivo segue un approccio di Gestione per Obiettivi (MBO), collegando la retribuzione degli esecutivi a indicatori chiave di performance tra cui:

  • Obiettivi di crescita
  • Metriche di redditività
  • Uplisting al mercato azionario NASDAQ

Standard Premium Finance Holdings (OTCQX: SPFX) ha anunciado la firma de contratos de empleo por cinco años con sus principales ejecutivos. La compañía ha asegurado contratos con William Koppelmann, Presidente y CEO, y Brian Krogol, CFO, que entrarán en vigor el 31 de marzo de 2025.

Los acuerdos, aprobados por el Comité de Compensación y la Junta Directiva, incluyen paquetes de compensación competitivos con salarios base, incentivos basados en el rendimiento y otorgamientos de acciones. El marco de compensación sigue un enfoque de Gestión por Objetivos (MBO), vinculando la remuneración ejecutiva a indicadores clave de rendimiento que incluyen:

  • Objetivos de crecimiento
  • Métricas de rentabilidad
  • Uplisting en el mercado de valores NASDAQ

스탠다드 프리미엄 파이낸스 홀딩스 (OTCQX: SPFX)는 최고 경영진과 5년 고용 계약을 체결했다고 발표했습니다. 이 회사는 윌리엄 코펠만 사장 겸 CEO와 브라이언 크로골 CFO와의 계약을 2025년 3월 31일부터 시행합니다.

보상위원회와 이사회에서 승인된 이 계약에는 기본급, 성과 기반 인센티브 및 주식 부여가 포함된 경쟁력 있는 보상 패키지가 포함됩니다. 보상 체계는 목표 관리 (MBO) 접근 방식을 따르며, 경영진 보수를 다음과 같은 주요 성과 지표와 연결합니다:

  • 성장 목표
  • 수익성 지표
  • NASDAQ 주식 시장 상장

Standard Premium Finance Holdings (OTCQX: SPFX) a annoncé la signature de contrats de travail de cinq ans avec ses principaux dirigeants. L'entreprise a sécurisé des contrats avec William Koppelmann, Président et CEO, et Brian Krogol, CFO, à compter du 31 mars 2025.

Les accords, approuvés par le Comité de Rémunération et le Conseil d'Administration, incluent des packages de rémunération compétitifs comprenant des salaires de base, des incitations basées sur la performance et des attributions d'actions. Le cadre de rémunération suit une approche de Gestion par Objectifs (MBO), liant la rémunération des dirigeants à des indicateurs clés de performance, notamment :

  • Objectifs de croissance
  • Métriques de rentabilité
  • Uplisting sur le marché boursier NASDAQ

Standard Premium Finance Holdings (OTCQX: SPFX) hat die Unterzeichnung von fünfjährigen Arbeitsverträgen mit seinen Spitzenmanagern bekannt gegeben. Das Unternehmen hat Verträge mit William Koppelmann, Präsident und CEO, sowie Brian Krogol, CFO, abgeschlossen, die am 31. März 2025 in Kraft treten.

Die Verträge, die vom Vergütungsausschuss und dem Vorstand genehmigt wurden, beinhalten wettbewerbsfähige Vergütungspakete mit Grundgehältern, leistungsbezogenen Anreizen und Aktienzuteilungen. Der Vergütungsrahmen folgt einem Ansatz der Management by Objectives (MBO), der die Vergütung der Führungskräfte an wichtige Leistungsindikatoren bindet, darunter:

  • Wachstumsziele
  • Rentabilitätskennzahlen
  • Uplisting an die NASDAQ-Börse

Positive
  • Five-year commitment secured from key executives
  • Compensation aligned with shareholder value through performance metrics
  • NASDAQ uplisting included as strategic objective
Negative
  • Potential increase in executive compensation expenses

MIAMI, FL, April 03, 2025 (GLOBE NEWSWIRE) -- Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) (the “Company” or “Standard”) today announced that on March 31, 2025, it entered into employment agreements with William Koppelmann, its President and Chief Executive Officer, and Brian Krogol, its Chief Financial Officer. The agreements, approved by the Compensation Committee and the Board of Directors, provide for a five-year term, securing the brain trust and proprietary trade secrets of the Company, and establish the compensation framework for the Company’s top executives.

The agreements follow a Management by Objectives (MBO) approach, tying executive compensation directly to key performance indicators that drive shareholder value, including growth targets, profitability metrics and the uplisting of the Company’s common stock to the NASDAQ Stock Market. Mr. Koppelmann and Mr. Krogol will receive competitive compensation packages, including a base salary, performance-based incentives, and equity grants.

“The execution of these agreements reflects our confidence in the leadership team of Bill Koppelmann and Brian Krogol,” said Carl C. Hoechner, Chairman of the Compensation Committee of the Company’s Board of Directors. “Their expertise and commitment have been instrumental in the Company’s continued success, and we look forward to their leadership in the years ahead.”

About Standard Premium Finance Holdings, Inc.

Standard Premium Finance Holdings, Inc. (OTCQX: SPFX) is an industry-specific holding company pursuing merger and acquisition opportunities of synergistic businesses to take advantage of the economies of scale within the specialty finance industry. SPFX companies have provided financing solutions in excess of $2 Billion to businesses and individuals securing coverage for their property and casualty insurance policies. SPFX companies currently operate in more than thirty-five states throughout the U.S. With a market exceeding $80 Billion in total premiums financed annually, SPFX continuously seeks advantages of roll-up opportunities in a historically consolidating industry while providing maximum value for its shareholders.

Forward-Looking Statements

This press release contains forward-looking statements, including but not limited to, statements regarding our outlook on the future performance of Standard. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as "anticipate", "expect", "will", “opportunity” and other words and terms of similar meaning in connection with any discussion of the timing or nature of future operating or financial performance or other events. Forward-looking statements give our current expectations and projections relating to our financial condition; macroeconomic factors; plans; objectives; growth opportunities; assumptions; risks; future performance; business; and results of operations, including revenue, and net income. Neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements. Standard undertakes no obligation to update or revise any forward-looking statement as a result of new information, future events or otherwise, except as otherwise required by law.

All forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those that we expected. More information about factors that could affect our results of operations and risks and uncertainties are provided in our public filings with the Securities and Exchange Commission, copies of which may be obtained by visiting our investor relations website at www.standardpremium.com/investors or the SEC’s website at www.sec.gov.

For more information, contact Media Relations at info@standardpremium.com


FAQ

What are the key terms of SPFX's new executive employment agreements?

The agreements are for a 5-year term, including base salary, performance incentives, and equity grants, with compensation tied to growth, profitability, and NASDAQ uplisting goals.

When do the new SPFX executive employment contracts take effect?

The employment agreements were executed on March 31, 2025.

What performance metrics are included in SPFX's executive compensation plan?

The plan includes growth targets, profitability metrics, and successful uplisting to NASDAQ Stock Market.

What is SPFX's strategy for NASDAQ uplisting?

SPFX has included NASDAQ uplisting as a key performance indicator in their executive compensation agreements, making it a strategic priority.
STANDARD PREMIUM FINANCE HOLDI

OTC:SPFX

SPFX Rankings

SPFX Latest News

SPFX Stock Data

5.70M
59.93%
Credit Services
Financial Services
Link
United States
Miami