Leadership & Pay ·
ReposiTrak, Inc. entered into an Executive Employment Agreement with John R. Merrill, its Chief Financial Officer and…
TRAKReposiTrak, Inc.
ReposiTrak, Inc. entered into an Executive Employment Agreement with John R. Merrill, its Chief Financial Officer and Principal Accounting Officer, effective August 18, 2026. The agreement establishes a three-year term with automatic one-year renewals and sets an annual base salary of $325,000, retroactive to May 16, 2026. Merrill is eligible for a performance bonus targeting 60% of his base salary, subject to a minimum target of 30%. He will also receive 75,000 shares of restricted common stock vesting over four years. The contract includes severance provisions entitling him to nine months of pay and benefits upon termination without cause or for good reason, along with double-trigger acceleration in the event of a change in control. ReposiTrak, Inc. operates in the supply chain technology industry, providing software solutions for inventory management and logistics visibility.