Apogee Enterprises offers CEO Nolan transition bonus of up to $250,000
APOG•Apogee Enterprises extended CEO and Executive Chair Donald A. Nolan’s employment through April 30, 2027, with a performance-based transition bonus of up to $250,000. His compensation also includes a $925,000 annualized salary and a $25,000 travel and lodging payment.
1. Extended employment term
Nolan’s employment was extended from November 1, 2026, through April 30, 2027. He will relinquish the CEO role when a permanent successor starts and remain an employee and executive chair through the extended term.
2. Compensation and awards
The compensation package includes a $925,000 annualized salary, a performance-based transition bonus of up to $250,000 and a $25,000 travel and lodging payment. Monthly time-based restricted stock units have a target grant-date value of $145,834, reflecting a $1.75 million annualized target prorated for CEO service. Each award vests on its first grant-date anniversary, subject to applicable conditions; previously granted units remain eligible subject to continued service.
