NW Natural names Raymond Kaszuba III chief financial officer, effective August 31, 2024
Northwest Natural Holding Company said Raymond Kaszuba III will become senior vice president and chief financial officer of NW Holdings and NW Natural on August 31, 2024. He succeeds Brody J. Wilson, whose interim CFO role ends with the appointment; Wilson will return to the role of Vice President, Treasurer, Controller and Chief Accounting Officer.
- Kaszuba's annual salary is $525,000, with a $200,000 hiring bonus and a $100,000 relocation payment.
- His long-term incentive opportunity is targeted at $550,000, to be delivered at the February 2025 Board meeting.
- His change in control severance agreement provides a cash payment of two times base salary and target annual bonus.
- Wilson's annual salary is adjusted to $332,000, with his EAIP target raised to 35% of base salary.