What changed
The Compensation Committee approved fiscal 2027 bonus criteria under which the CEO is eligible for a base bonus of $1.2 million, including $500,000 tied to sales targets and $500,000 tied to pre-tax income targets, with each goal payable from zero to up to 120% of target. The CEO can also earn $200,000 tied to environmental and social metrics. Other executive officers are eligible for base bonuses of $400,000, including $160,000 on sales and $160,000 on pre-tax income, plus up to $80,000 on environmental and social objectives.
Why it matters
The Compensation Committee approved fiscal 2027 bonus criteria under which the CEO is eligible for a base bonus of $1.2 million, including $500,000 tied to sales targets and $500,000 tied to pre-tax i