Who has been promoted within TASER International?

Kathleen C. Hanrahan has been promoted from Chief Operating Officer to President of the Company.

When was this promotion effective?

The promotion was effective on October 23, 2006.

What are the key terms of Ms. Hanrahan's employment agreement regarding compensation and termination?

Ms. Hanrahan's agreement provides for an annual base compensation that may be increased based on performance. In the event of termination without cause, she is entitled to 12 months of salary. In the event of a change of control, she is entitled to 24 months of salary, and in the event of death or disability, she is entitled to 18 months of salary.

Does Ms. Hanrahan have significant experience within the company?

Yes, Ms. Hanrahan has a long tenure with the company, having joined in January 1996. She has held various key positions including Controller, Chief Financial Officer, and Chief Operating Officer.

AXON 8-K: Leadership Changes

Summary

This 8-K filing from TASER International, Inc. (the Company), now known as Axon Enterprise, Inc., officially documents the promotion of Kathleen C. Hanrahan from Chief Operating Officer to President, effective October 23, 2006. This transition highlights a key leadership change within the company, with Ms. Hanrahan, who has a long tenure with the company and extensive experience in financial and operational roles, stepping into a more senior executive position. The filing also provides details regarding Ms. Hanrahan's employment agreement, outlining terms of compensation, renewal provisions, and severance benefits in case of termination without cause, change of control, or disability. This information is crucial for investors to understand the executive compensation structure and potential liabilities related to key personnel.

Key Highlights

1Kathleen C. Hanrahan appointed President, effective October 23, 2006.
2Ms. Hanrahan was previously the Chief Operating Officer.
3Ms. Hanrahan has a long history with the company, joining in January 1996.
4Her prior roles include Controller and Chief Financial Officer.
5Her employment agreement includes provisions for base compensation, performance-based increases, and renewal terms.
6Severance benefits are outlined for termination without cause (12 months' salary), change of control (24 months' salary), and death/disability (18 months' salary).

AXON ENTERPRISE, INC. 8-K/A Report, Executive Changes (Nov 14, 2006)

Summary

Key Highlights

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