tiprankstipranks
Key Tronic Sets Incentive Plan and Rewards for Top Executives
Company Announcements

Key Tronic Sets Incentive Plan and Rewards for Top Executives

Pick the best stocks and maximize your portfolio:

An update from Key Tronic ( (KTCC) ) is now available.

Key Tronic Corporation has set its fiscal 2025 incentive compensation plan, with bonuses tied to profit goals at three levels: entry, expected, and overachievement. Executives, including the CEO, CFO, and EVP of Customer Relations, stand to earn up to 150% of their base salary if they surpass the highest performance targets. Additionally, they’ve approved a salary increase for EVP Philip S. Hochberg and outlined long-term incentives for 2025-2027 based on sales growth and return on invested capital. Cash payouts and restricted stock units, vesting over three years, are also part of the reward structure, contingent on meeting or exceeding EBITDA thresholds.

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

Related Articles
TipRanks Auto-Generated NewsdeskKey Tronic Secures New Credit Facilities for Growth
TipRanks Auto-Generated NewsdeskKey Tronic Shareholders Approve 2024 Incentive Plan
TipRanks Auto-Generated NewsdeskKey Tronic Shows Efficiency Gains Amid Revenue Dip
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App