leadership
confidence high
sentiment neutral
materiality 0.50
Orthofix Medical updates compensation for President Global Spine Kevin Kenny
Orthofix Medical Inc.
- Base salary raised to $495,000, retroactive to Jan 5, 2023 merger close.
- Target 2023 annual cash bonus set at 70% of base salary.
- Granted $125,000 in time-based RSUs and $125,000 in stock options, vesting over 3 years.
- Performance-based RSUs of $100,000 tied to 2023 Global Spine financial metrics.
- Amended Jan 2023 equity grants to 3-year vesting; potential $100,000 one-time cash bonus.