YANGAROO Inc.: New Compensation Arrangements Announced for CEO Grant Schuetrumpf
Toronto, Ontario – March 10, 2025 – YANGAROO Inc. (TSXV: YOO) (OTC Pink: YOOIF) (the “Company”), a leading provider of media asset workflow solutions for advertising and entertainment industries, has recently announced significant compensation arrangements for its Chief Executive Officer (CEO), Grant Schuetrumpf. The Company disclosed that it has granted stock options (the “Options”) and restricted share units (the “RSUs”) to Schuetrumpf.
Stock Options and RSUs
The Company stated that the Options and RSUs were granted under the Company’s Stock Option Plan and Restricted Share Unit Plan, respectively. The Options have an exercise price of CAD $3.00 per share, which is the closing price of YANGAROO’s common shares on the TSX Venture Exchange on March 5, 2025. The Options will vest over a four-year period, with 1/4 vesting every year starting from the date of grant. The RSUs will vest over a three-year period, with 1/3 vesting every year starting from the date of grant.
Shares for Services Arrangement
In addition to the Options and RSUs, the Company also announced a Shares for Services Arrangement with Schuetrumpf. Under this arrangement, Schuetrumpf will receive a total of 250,000 common shares of the Company over a three-year period, starting from the date of grant. These shares will be issued in equal instalments on each anniversary of the date of grant. The shares will be issued at the then-market price.
Impact on YANGAROO and the World
For YANGAROO, these compensation arrangements demonstrate the Company’s commitment to retaining top talent in the executive suite. Schuetrumpf’s leadership has been instrumental in driving the Company’s growth and expanding its market presence. The stock options, RSUs, and Shares for Services Arrangement provide Schuetrumpf with a significant stake in the Company’s future success, aligning his interests with those of YANGAROO’s shareholders.
From a global perspective, these compensation arrangements are not uncommon in the technology sector, particularly for companies in the growth stage. Stock options and RSUs have been used as incentives to attract and retain talent in the tech industry for decades. The Shares for Services Arrangement is less common but can be an effective way to compensate executives for their services while also providing them with an ownership stake in the Company.
Conclusion
In summary, YANGAROO’s announcement of compensation arrangements for CEO Grant Schuetrumpf includes the granting of stock options, RSUs, and a Shares for Services Arrangement. These arrangements demonstrate the Company’s commitment to retaining top talent and aligning interests with its shareholders. The use of stock options, RSUs, and Shares for Services Arrangement is not unique to YANGAROO and is common in the technology sector. As the world continues to evolve, we can expect to see more innovative compensation structures that help companies attract and retain top talent while also ensuring the long-term success of the organization.
- YANGAROO grants stock options, RSUs, and enters into a Shares for Services Arrangement with CEO Grant Schuetrumpf.
- Options and RSUs vest over a four-year and three-year period, respectively.
- Shares for Services Arrangement provides Schuetrumpf with 250,000 common shares over three years.
- These arrangements demonstrate YANGAROO’s commitment to retaining top talent and aligning interests with shareholders.
- Stock options, RSUs, and Shares for Services Arrangements are common in the technology sector for attracting and retaining talent.
