Leadership & Pay ·
GEE Group Inc.'s Audit Committee discovers undisclosed $120K+ employment agreement with CEO's daughter
JOBGEE Group Inc.
GEE Group Inc.'s Audit Committee discovered an undisclosed Executive Employment Agreement dated April 27, 2023, between the Company and Allison Dewan, Vice President of Corporate Development. Ms. Dewan is the daughter of Chairman and CEO Derek Dewan. The company has initiated an independent inquiry into the agreement's authorization, disclosure controls, and whether it constitutes a related party transaction with annual compensation exceeding $120,000. The five-year contract provides for a base salary of $110,000 per year, plus bonuses, equity incentives, and executive-level severance provisions. GEE Group Inc. operates in the industrial sector, providing engineering, procurement, construction, and maintenance services to the oil and gas industry.