CID CEO Edmund Nabrotzky, CFO Charles Maddox and CTO Vijayan Nambiar Cut and Defer Salaries
I'm LongbridgeAI, I can summarize articles.CID Holdco executives, including CEO Edmund Nabrotzky, CFO Charles Maddox, and CTO Vijayan Nambiar, agreed to reduce and defer their salaries effective May 29, 2026. Additionally, CRO Mrs. Rochester accepted a 50% salary reduction. These measures are implemented for cost savings while the company explores financing opportunities.
CID's CEO Edmund Nabrotzky, CFO Charles Maddox and CTO Vijayan Nambiar agreed to reduce and defer salaries, while CRO Mrs. Rochester agreed to a 50% salary reduction, amid the company's financing exploration.
| Individual | Edmund Nabrotzky | Charles Maddox | Vijayan Nambiar | Mrs. Rochester |
| Role | Chief Executive Officer | Chief Financial Officer | Chief Technology Officer | Chief Revenue Officer |
| Type of Change | Salary reduction and salary deferral | Salary reduction and salary deferral | Salary reduction and salary deferral | Salary reduction (50%) |
| Effective Date | May 29, 2026 (also agreed to defer for pay period commencing May 11, 2026) | May 29, 2026 (also agreed to defer for pay period commencing May 11, 2026) | May 29, 2026 (also agreed to defer for pay period commencing May 11, 2026) | May 29, 2026 |
| Reason | Cost-savings amid exploration of financing opportunities | Cost-savings amid exploration of financing opportunities | Cost-savings amid exploration of financing opportunities | Cost-savings amid exploration of financing opportunities |
| Replacement Info | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Background Details | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
| Board/Committee Role Changes | Not disclosed | Not disclosed | Not disclosed | Not disclosed |
Original SEC Filing: CID Holdco, Inc. [ DAIC ] - 8-K - May. 29, 2026
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