Coffee Holding Co., Inc. announced Amendment No. 2 to the employment agreement of CEO Andrew Gordon, effective August 31, 2026. The amendment restores his annual base salary to $450,000 retroactive to February 1, 2026, reversing a prior reduction to $80,000 and triggering a make-whole payment for the difference. Additionally, the amendment eliminates an incentive bonus provision that would have paid $1.6 million if Gordon remained employed until January 1, 2030. Coffee Holding Co., Inc. operates in the coffee industry, roasting and distributing coffee products.
