Clearfield Launches New Performance-Linked Incentive Plan

Clearfield (CLFD) has shared an announcement.

Clearfield, Inc. has rolled out a new Incentive Bonus Plan geared towards motivating its executive officers and selected employees by tying their cash bonuses to the achievement of specific financial and performance targets. The Compensation Committee of the company will have the authority to manage all key aspects of this Plan, including participant selection, defining the performance period, and determining the bonus amounts linked to the success in meeting the set targets. This strategic move aims to align employees’ incentives with the company’s broader financial goals.

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