other
confidence high
sentiment neutral
materiality 0.25
Cinemark Holdings adopts 2024 Short-Term Incentive Plan for executives
Cinemark Holdings, Inc.
- Board approved the STIP on Feb 8, 2024; annual bonus plan based on performance goals set by Compensation Committee.
- Participants (executives and key employees) eligible for cash bonus if threshold performance is met; target bonus as % of base salary.
- Individual performance modifier (ABO) can adjust bonus up/down by 15% for non-CEOs; CEO not eligible.
- Bonus forfeited if employment terminates before year-end, except pro-rated for death/disability.