Leadership & Pay ·
IEH Corp appoints Subrata Purkayastha as CFO with $293,950 base salary
IEHCIEH Corp
IEH Corporation entered into an employment agreement on October 23, 2026, appointing Subrata Purkayastha as Chief Financial Officer, Treasurer, and Corporate Secretary. The agreement is effective November 1, 2026, through October 31, 2029. Purkayastha will receive a base salary of $293,950 annually, with an annual bonus potential equal to 100% of her base salary based on performance targets. She was granted 35,000 immediately vested stock options at an exercise price of $29.60 per share for the fiscal year ended March 31, 2027. The agreement includes severance provisions entitling her to 24 months of base salary upon termination without cause or for good reason, along with continued health benefits. IEH Corporation operates in the investment and financial services sector.