Fabrinet amends COO Harpal Gill's employment offer letter, confirms $1.1 million base salary
Fabrinet USA entered an amended and restated offer letter with President and COO Dr. Harpal Gill on December 19, 2024. The letter confirms his $1,100,000 base salary and sets out terms for a successor COO search and severance, which shareholders may want to note as a change in executive compensation and succession terms.
Key points
- Base salary confirmed at $1,100,000; annual cash bonus opportunity of at least 95% of base salary
- Gill must help recruit and train a successor COO, to start by the earlier of December 31, 2027, or six months after any notice period begins
- Either party may end employment with one year's written notice; severance includes a lump sum and accelerated vesting of RSU awards, conditioned on a separation agreement and release
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:12 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 20, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.