RADCOM Ltd. issued a notice on December 3, 2024, for an Extraordinary General Meeting of Shareholders to be held on January 7, 2025. The primary agenda item for this meeting is the approval of the compensation terms for Mr. Benjamin (Benny) Eppstein, the company's new Chief Executive Officer.
Mr. Eppstein's employment as CEO commenced on December 1, 2024, and his compensation package requires shareholder approval in accordance with Israeli Companies Law. The proposed terms include a base salary of $400,000 per annum.
Additionally, Mr. Eppstein is entitled to a one-time signing bonus of $100,000, payable upon approval of the compensation terms. The Board of Directors and Compensation Committee have already approved these terms, deeming them consistent with the company's Compensation Policy for Executive Officers.
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