What changed
Mosaic appointed Walt Precourt as Executive Vice President, Operations effective December 1, 2026, with an annual base salary of 710,000 dollars. He receives a target bonus opportunity of 85 percent under the Management Incentive Plan starting in 2027 and a long-term incentive target of 1,725,000 dollars beginning March 2027. Precourt also receives a one-time restricted stock unit award valued at 300,000 dollars that vests over three years. His severance and change in control agreement coverage extends through March 31, 2029.
Why it matters
Mosaic appointed Walt Precourt as Executive Vice President, Operations effective December 1, 2026, with an annual base salary of 710,000 dollars. He receives a target bonus opportunity of 85 percent u