Key Tronic sets FY2024 incentive plan; raises CFO salary; awards long-term targets up to $2.4M for CEO

KEY TRONIC CORP

FY2024 incentive plan: CEO potential payout 10%-150% of base salary based on profit goals; minimum profit required.
CFO Brett Larsen's salary increased from $17,739 to $23,509 bi-weekly; Hochberg to $14,039.
FY2024-2026 long-term incentive targets: CEO $1.2M, CFO $750K, EVP $450K; directors $75K each.
Payouts range from $0 to 150% of target based on sales growth vs industry and ROIC performance.

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