other material
confidence high
sentiment neutral
materiality 0.35
Nextracker sets Sep 20, 2023 annual meeting; approves FY2023 cash bonuses for NEOs
Nextpower Inc.
- Board approved FY2023 cash bonuses: Shugar $338K, Wenger $285K, Ledesma $285K, Bennett $310K, Miller $159K, Schlesinger $148K.
- 2023 annual meeting set for Sep 20, 2023; virtual-only; record date Jul 24, 2023.
- Deadline for Rule 14a-8 stockholder proposals is May 25, 2023; for nominations outside 14a-8, window is May 23 - Jun 22, 2023.
- Bonuses based on achievement of pre-set FY2023 goals (Revenue 40%, Adj. Operating Profit 40%, Adj. FCF 20%).