Agassi Sports Entertainment Corp. has announced the appointment of Ronald S. Boreta as Chief Executive Officer through a new Executive Employment Agreement effective March 1, 2026. The agreement outlines a five-year term, with automatic one-year renewals unless either party provides a 60-day notice of non-renewal. Boreta will receive an annual base salary of $270,000, with provisions for a sign-on bonus of $250,000 and 300,000 restricted stock units, subject to Board approval. The agreement includes a 10% annual increase in salary and a discretionary bonus targeted at 50% of the base salary. Additionally, Boreta's compensation package may include equity bonuses and other cash awards at the discretion of the Board. The agreement also stipulates non-compete and non-solicitation clauses to protect the company's interests. This strategic leadership change is expected to enhance the company's operational execution and governance controls, potentially leading to improved financial performance.
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