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Akamai Announces Executive Compensation Tied to Performance Goals

Akamai Announces Executive Compensation Tied to Performance Goals

Akamai (AKAM) has shared an announcement.

Akamai Technologies, Inc. has rolled out its 2024 bonus and equity compensation plans for its top executives, with a focus on achieving corporate performance objectives. Bonuses will be paid in stock rather than cash, based on revenue and adjusted operating income targets, and will be influenced by the company’s success in meeting specified ESG goals, which can modify the bonus by up to 10%. The executives will also receive various restricted stock units (RSUs) that vest over time and are contingent upon the company’s financial performance and stock market returns relative to peers.

For detailed information about AKAM stock, go to TipRanks’ Stock Analysis page.

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