Village Farms names Stephen Ruffini EVP of Mergers & Acquisitions under new employment deal
Village Farms International entered an employment agreement with Stephen C. Ruffini, effective October 16, 2026, establishing his role as Executive Vice President, Mergers & Acquisitions. The filing sets his base salary, bonus and equity targets, and a term ending May 31, 2028, with 18 months of salary continuation on certain terminations.
Key points
- Annualized base salary of US$400,000, with a fiscal 2026 bonus target of up to 50% of base salary
- Fiscal 2026 share-based compensation target of up to 30% of base salary
- Term ends May 31, 2028; if terminated without cause, resigns for good reason, or term expires, he receives 18 months of continued base salary subject to a release of claims
- The employment agreement will be filed as an exhibit to the Form 10-Q for the quarter ending September 30, 2026
The filing
Written by AI on Nov 9, 2026, 8:38 AM ET, from this filing 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 October 22, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.