Miller Industries grants 160,000 RSUs to execs, adopts new bonus plan, elects officers

MILLER INDUSTRIES INC /TN/

160,000 RSUs granted to 7 executives (Miller II 60k, Badgley 30k, Whitmire 30k, others 10k each) vesting over 5 years.
New annual cash bonus program: 2% of pretax income $10M-$30M, 4% $30M-$40M, 6% above $40M.
Stock ownership guidelines require RSUs held for 5 years post-vesting; no sales until target ownership achieved.
Board elects Miller II as Chairman/CEO, Whitmire as EVP/CFO, Badgley as President International/Military, and others.

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