Leadership & Pay ·
NAPCO Security Technologies, Inc. announced a leadership transition effective July 8, 2026
NSSCNapco Security Technologies, Inc
NAPCO Security Technologies, Inc. announced a leadership transition effective July 8, 2026. Richard Soloway, the current Chairman and CEO, transitioned to the role of Founder and Executive Chairman under a new employment agreement providing an $800,000 annual base salary and a 50% target performance bonus. Kevin Buchel, formerly President and COO, was appointed CEO and President, with his annual base salary increased to $900,000 and a 50% target performance bonus. Both executives are eligible for annual equity awards and severance packages totaling two times their base salary and target bonus. The company operates in the security technology industry.