tiprankstipranks
Tecogen Unveils Performance Bonus Plan for Top Executives
Company Announcements

Tecogen Unveils Performance Bonus Plan for Top Executives

Invest with Confidence:

Tecogen (TGEN) has shared an update.

Tecogen Inc. has introduced a performance bonus plan for its CEO and key senior executives, promising a one-time payout if the company records positive Adjusted EBITDA for two straight quarters, surpassing a 2% threshold following bonus accruals. Under this plan, the CEO stands to gain $50,000, while figures such as the Chief Operating Officer, Chief Accounting Officer, Vice President of Operations, and General Counsel are each slated to receive $35,000 upon meeting the set financial targets.

Find detailed analytics on TGEN stock on TipRanks’ Stock Analysis page.

Related Articles
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

Latest News Feed

More Articles