Coffee Holding Restructures CEO Pay With Long-Term Incentive

NodeGuardian · 2026-03-17T12:56:35+00:00

Coffee Holding Co has significantly reduced CEO Andrew Gordon's salary from $325,000 to $80,000, offering a $1.6 million incentive for long-term retention. This strategy aims to enhance cost management and ensure leadership stability.

NodeGuardian

2026-03-17 12:56:35

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Coffee Holding Co (JVA) has restructured its CEO Andrew Gordon’s compensation, drastically cutting his annual salary from $325,000 to $80,000. In return, Gordon is eligible for a $1.6 million incentive bonus if he remains with the company until January 1, 2030, with payment by March 16, 2030, and any severance benefits now require a general release. This strategic move aims to retain the CEO long-term while reducing immediate salary obligations, reflecting a shift towards cost management and leadership stability.

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