New CFO To Get $75,000 More A Year Than Mr. Noon; Mr. Iserloth's Bonus Opportunity Is 2-1/2 Times Mr. Noon's

Under his May 23, 2012 (re-struck) employment agreement, Mr. Noon used to make $200,000 a year and was eligible for up to $80,000 in bonus money. Because he is no longer a Section 16 executive officer of Mattersight, under the '34 Act rules, we will not know what he is being paid as VP of Finance. [More on his retention arrangement, though -- in my next post.]

The new CFO, on the other hand, is a '34 Act Section 16 executive officer, and so -- here is his shiny new employment agreement, via an SEC Form 8-K, filed tonight. Mr. Iserloth, is being paid $275,000, with a $200,000 bonus opportunity. However, he hasn't yet been granted any restricted stock or incentive stock options, per the initial SEC Form 3 he filed tonight. In fact, he owns no shares of Mattersight at present. We may well see a Form 4 shortly -- which will likely disclose an equity award from the board, to him -- of some sort, though.

We will keep you posted.