Rex American Resources lifts CEO Rizvi annual bonus cap to $12 million under new employment agreement

REX American Resources Corporation

REX American Resources Corporation

REX

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  • Rex American Resources adopted new employment agreements for Executive Chairman Stuart A. Rose, CEO Zafar A. Rizvi, CFO Douglas L. Bruggeman, effective Feb. 1, 2026.
  • Rose annual maximum bonus lifted to USD 4 million from USD 2.5 million; termination bonus cap raised to USD 5 million from USD 3 million.
  • Rizvi annual maximum bonus lifted to USD 12 million from USD 5 million; termination bonus cap raised to USD 12 million from USD 6 million.
  • Bruggeman annual maximum bonus lifted to USD 4 million from USD 2.5 million; termination bonus cap raised to USD 5 million from USD 3 million.
  • Base salaries set at USD 225,000 for Rose, USD 275,000 for Rizvi, USD 300,000 for Bruggeman; bonuses tied to company earnings.


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