Odus E. Wittenburg, Jr. did not have significant reported holdings in Q2 Holdings at the time of his departure in April 2020. Prior to this, his wealth was tied primarily to his salary and bonuses as executive vice president, rather...
Odus E. Wittenburg, Jr. did not have significant reported holdings in Q2 Holdings at the time of his departure in April 2020. Prior to this, his wealth was tied primarily to his salary and bonuses as executive vice president, rather than stock options or equity. His compensation fluctuated over the years, with a notable total of $730,829 in 2019, which included a salary of $520,000 and a performance bonus of $260,000. This was considerably higher than his 2020 total compensation of $598,651, indicating a shift in his financial standing as he transitioned out of the company. His decision to focus on performance metrics rather than stock options reflects a prioritization on immediate company performance, rather than long-term equity holdings. As he moved on, Wittenburg's direct financial ties to Q2 had significantly reduced, aligning with stockholders' interests over time.