Steven Knerr Takes the Helm as CFO of Issuer Direct Corp
Steven Knerr Joins Issuer Direct as Chief Financial Officer
Issuer Direct Corporation (NYSE: ISDR), known for its management consulting services, has recently announced an important executive appointment. Steven Knerr will officially take on the role of Chief Financial Officer, marking a significant step in his career with the company. Having been part of the Issuer Direct team since August 2013, Knerr’s extensive experience within the organization positions him well for this next chapter.
A Seasoned Leader with a Strong Track Record
Before stepping into this new role, Knerr served as the interim CFO since March 9, 2024. His ability to navigate complex financial landscapes has been invaluable during this transitional period. His long tenure at Issuer Direct showcases his commitment and deep understanding of the firm’s operational strategies and financial objectives.
Recognizing Contributions with Competitive Compensation
As Knerr officially assumes the CFO position, he will have a solid base salary of $200,000 beginning September 1, 2024. This compensation reflects not just his capabilities but the trust the Board of Directors has in his leadership. Furthermore, for the fiscal year 2024, he stands to receive a one-time cash bonus of $25,000, contingent upon meeting specific performance targets.
Incentives and Performance Goals
The financial compensation outlined for Knerr goes beyond his base salary. Each subsequent year, he will have the opportunity to earn an annual bonus equivalent to 45% of his base salary, again tied to the successful achievement of performance benchmarks. This structure fosters a culture of accountability and aligns his interests with the overall success of the company.
Driving Strategic Financial Insights
Knerr’s appointment as CFO at Issuer Direct represents more than just a change in title; it signifies a commitment to strong financial governance and strategic growth. His insights will be pivotal in navigating the financial landscape as the company continues to grow and adapt to market demands. As the firm positions itself for future challenges, Knerr's tenure will be instrumental in crafting strategic financial frameworks that support its long-term vision.
Frequently Asked Questions
Who is Steven Knerr?
Steven Knerr is the newly appointed Chief Financial Officer of Issuer Direct Corporation, bringing with him a wealth of experience from his tenure with the company since 2013.
What are Knerr's responsibilities as CFO?
As CFO, Knerr will oversee the financial operations of Issuer Direct, including budgeting, financial reporting, and strategic financial planning.
What is the significance of his appointment?
Knerr's appointment is crucial as he has been with the company for a long time, providing continuity and established knowledge in financial management.
How will Knerr's performance be evaluated?
His performance will be evaluated based on the achievement of specific financial targets set by the Board, influencing both his bonus and overall leadership effectiveness.
What can stakeholders expect from Knerr's leadership?
Stakeholders can expect strong financial governance, strategic insights, and a focus on growth as Knerr steps into his role as CFO of Issuer Direct.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- The Journey to Trillionaire Status: Musk, Adani, and Huang
- Leading Mobile Apps of August 2024 Revealed by Pixalate
- CrowdStrike Class Action Alert: Investors Can Take Action Now
- Exploring the Fidelity MSCI Consumer Discretionary Index ETF
- Exploring the Value of the First Trust Small Cap Growth ETF
- Enhancing Fleet Safety with EROAD's New AI Dashcam Solution
- KT Capital Takes Strategic Step with Recycling Equipment Firm
- Banking Outlook: Can the 1995 Success Be Repeated?
- Altais Elevates Dr. Mauricio Bueno as Medical Leader in Care Network
- Coinbase Faces Class Action: Key Allegations and Next Steps
Recent Articles
- Designer Brands' Stock Rating Holds Steady Despite Sales Dip
- TenantReports.com Transitions to TenantReportX for Growth
- Citi Analysts Project Federal Reserve Adjustments Ahead
- Investigation Announced for Darling Ingredients Inc. Investors
- Exane BNP Paribas Rates Intel Underperform Amid Strategic Shifts
- Investigation Launched into 4D Molecular Therapeutics' Decline
- New Guidance Aims to Protect Customers from Overdraft Fees
- Kaskela Law LLC Investigates Ocugen, Inc. Shareholders' Rights
- Understanding the Kaskela Law Investigation of Builders FirstSource
- Kaskela Law Investigates Protalix BioTherapeutics Shareholder Concerns
- Investigation Announced for Tyler Technologies Shareholders
- Investigation Launched by Kaskela Law on Amicus Therapeutics
- Orb Secures $25 Million to Innovate Software Billing Solutions
- Dr. Louise Mirrer Joins Moelis Board of Directors
- Exclaimer Welcomes Rob Singer as CEO to Propel Growth
- Impact BioMedical Inc. Successfully Completes IPO with Growth Prospects
- Adtran Launches New Distribution Center to Enhance Fiber Solutions
- Understanding Roth 401(k) Conversions: Is It Time for You?
- Purina and UC Davis Join Forces to Enhance Pet Health Research
- Kaskela Law Investigates Potential Issues at CBIZ, Inc.
- The Tech Titans' Plea for Nvidia GPUs: A Dinner to Remember
- Unlocking AI Opportunities: Free Bootcamp for Teens in Need
- Kaskela Law Investigates Inari Medical for Shareholder Claims
- Shervin Pishevar Takes Co-Chairman Role at Abra Amid Growth
- Dogecoin's Recent Stability: Analyzing the Trend and Future Moves
- Kaskela Law’s Investigation into Standex International Corp.
- Stryker Enhances Digital Capabilities with care.ai Acquisition
- Investors Affected by Vontier Corp. Share Price Drop
- Mullen Automotive Faces Stock Fluctuations Amid Changes
- Investigation Launched Into Decline of HOOKIPA Pharma Shares
- Global Maternity Health Insurance Trends & Future Insights
- Empowering Teens with Free AI Bootcamps in Silicon Valley
- Kaskela Law Investigates AGCO Corp. for Shareholder Rights
- Sodexo's Recent Stock Transactions: Overview and Key Details
- Empowering Miami Teens: Free AI Bootcamp Initiative
- Medidata Emerges as a Leader in Electronic Data Capture Solutions
- Idorsia Shares Exciting New Data on Sleep Treatment Research
- Firebolt Unveils Revolutionary Low Latency Cloud Data Warehouse
- RF Acquisition Corp. Announces New Redemption Price for Stockholders
- Empowering Honolulu Teens Through Free AI Education Initiative
- LVMH Reports on Recent Share Transactions and Corporate Activities
- Talkspace and Amazon Team Up for Enhanced Mental Health Access
- Empowering Teens Through AI Bootcamp by Mark Cuban Foundation
- Iveco Group Updates on Share Buyback Progress and Impact
- Hargreave Hale AIM VCT PLC Reports Unaudited NAV Results
- Cinetcomm and Eutelsat OneWeb Unite for Enhanced Connectivity
- Empowering Virginia's Latino Entrepreneurs with FICO's Workshop
- Angeion Group Welcomes Stephanie Saunders as New VP
- Wolters Kluwer Estimates 2025 Tax Changes for Individuals
- Micron Technologies Faces Market Shifts and Future Prospects