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Blue Bird ( (BLBD) ) has issued an update.
On January 28, 2025, Blue Bird Corporation’s Compensation Committee made significant changes to the compensation packages for key executives. The Committee increased CFO Razvan Radulescu’s annual base salary to $600,000 and raised his long-term equity incentive plan target bonus to 150% of his salary. For retiring CEO Phil Horlock, the Committee approved a compensation package that includes immediate vesting of unvested equity awards and a pro-rated Management Incentive Plan bonus, accounting for 50% of his fiscal 2025 target bonus, amounting to $750,000. The market value of Horlock’s vested RSUs is projected at $7,083,714, based on the stock price as of January 30, 2025. Horlock will continue as a Class III Director on the Board.
More about Blue Bird
YTD Price Performance: -7.84%
Average Trading Volume: 799,922
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.14B
For detailed information about BLBD stock, go to TipRanks’ Stock Analysis page.
