other material
confidence high
sentiment neutral
materiality 0.50
Alliant Energy approves amended severance agreements for CEO and other NEOs with enhanced change-in-control benefits
ALLIANT ENERGY CORP
- CEO cash termination payment set at 2.99x (base salary plus target incentive); other executives at 2x.
- Severance includes 2-year continuation of insurance, outplacement up to 10% of salary, and full vesting of supplemental retirement plans.
- Benefits triggered on qualifying termination within two years after a change in control, or within 180 days before a change if tied to it.
- Executives subject to one-year non-compete and five-year confidentiality after termination.
- Amended KEESAs replace prior agreements for named executive officers effective October 26, 2021.