Revance Therapeutics (RVNC) has released an update to notify the public and investors about its officers.
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Revance Therapeutics, Inc.’s Compensation Committee has set the 2024 Bonus Program and equity award mix for its executive officers. CEO Mark Foley’s bonus will solely depend on company-wide goals, while other executives will have individual performance modifiers. Bonuses can exceed targets if performance surpasses goals. Foley’s target bonus is 75% of his base salary, with his equity entirely in performance stock units, while other executives have a mix of performance stock units and restricted stock units, with bonuses ranging from 50% to 55% of their base salaries.
For further insights into RVNC corporate activity, check out TipRanks’ Insiders Trading Activity page.
For a comprehensive understanding of the announcement, you can read the full document here.
