other material
confidence high
sentiment neutral
materiality 0.40
Skyworks approves FY2024 executive incentive plan with target payouts up to 160% of base salary for CEO
SKYWORKS SOLUTIONS, INC.
- CEO eligible for cash award of 160% of base salary at target performance, max 2x target.
- CFO eligible for 100% of base salary at target, max 2x target.
- Other NEOs (SVP Tech, Sales, GC) eligible for 80% of base salary at target, max 2x target.
- Metrics based on revenue and non-GAAP operating income for FY2024.
- Compensation Committee may award stock in lieu of cash and adjust for extraordinary items.