Allegion Chief Legal Officer’s $3.8 Million Payout Raises Questions Following Brief Tenure

Stacy Cozad’s tenure as the general counsel for Allegion, a lock manufacturer, was brief yet financially rewarding. Allegion disclosed in an SEC proxy statement that Cozad’s compensation amounted to $3.8 million for a period of just over two months with the company. Her departure, described as an “involuntary termination,” occurred even before the official exit of her predecessor. Further details on this development can be explored through Corporate Counsel.