NAII CEO LeDoux takes 46% U.S. salary cut, shifts half his time to Swiss subsidiary

Filed March 20, 2026 · Period ending March 18, 2026 · ~1 min read

Key Changes

• high

  CEO Mark LeDoux's U.S. base salary slashed from $475,000 to $255,000 annually, effective May 1, 2026, alongside unspecified benefit reductions. He will receive 170,000 Swiss Francs from the Swiss subsidiary as Managing Director.

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• high

  LeDoux commits to spending at least half his time in Switzerland to expand worldwide revenue and enhance the Swiss subsidiary's customer service capabilities inside and outside the U.S.

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• medium

  Combined compensation from both roles intended to approximate previous total pay, but subject to Swiss Franc currency fluctuations against the dollar.

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