leadership
confidence high
sentiment neutral
materiality 0.50
CEO Jeffrey Hirsch enters new employment agreement through 2028; base salary $1.55M, annual LTI $9M
STARZ ENTERTAINMENT CORP /CN/
- Base salary $1,550,000; annual bonus target 300% of base salary, pro-rated for FY Apr 2025.
- Annual LTI opportunity of $9M: $2.5M time-based RSUs, $3.25M AOIBDA award, $3.25M stock performance award, $6M out-performance bonus.
- Term from May 7, 2025 through December 31, 2028; based in Los Angeles.
- Severance: without cause/good reason = 0.75x salary+target bonus; change-in-control = 1.25x; non-renewal = 12 months base salary.
- Stock price targets: FY2026 $25, FY2027 $30, FY2028 $35; out-performance targets $40/$45/$50.
item 5.02item 9.01