Leadership & Pay ·
TEN Holdings, Inc. filed an 8-K/A to supplement the compensation package for newly appointed CEO and Chairman of the…
XHLDTEN Holdings, Inc.
TEN Holdings, Inc. filed an 8-K/A to supplement the compensation package for newly appointed CEO and Chairman of the Board, Virgilio Torres. The Board's Compensation Committee approved an increase in his annual base salary from $265,000 to $400,000 effective June 30, 2026, a one-time cash bonus of $200,000 expected to be paid in 2027, and a one-time grant of 120,000 stock options with an exercise price of $1.89 per share, alongside a cash-settled performance award of $200,000. TEN Holdings, Inc. operates in the hospitality and leisure industry, providing various lodging and travel-related services.