Star Equity Fund calls for GEE Group to revise executive pay agreements
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Star Equity Fund Calls on GEE Group to Change Egregious Executive Employment Agreements
April 29, 2026 8:30 AM EDTOLD GREENWICH, Conn., April 29, 2026 (GLOBE NEWSWIRE) -- Star Equity Fund, LP ("Star Equity Fund" or "we"), a 5.4% stockholder of GEE Group, Inc. (NYSE American: JOB) ("GEE Group" or the "Company"), issues the following statement calling on GEE Group's Management (the Management) and Board of Directors (the "Board") to negotiate revised employment agreements for CEO Derek Dewan, CFO Kim Thorpe, and COO Alex Stuckey (together, the 2023 Agreements) removing the value-destroying, excessive severance and the exceptionally anti-shareholder change in control (CIC) provisions. In our March 3, 2026 press release, we encouraged the Board to run a sale... More
