other material
confidence high
sentiment neutral
materiality 0.40
Paymentus adopts 2024 incentive program, awards 2023 bonuses at 112.2% of target
Paymentus Holdings, Inc.
- 2024 base salaries increased 3%: CEO $360,500, CFO $515,000, COO $432,600, GC $351,488.
- 2024 target bonuses: CEO 192.9%, CFO 100%, COO 62.5%, GC 61.5% of base salary.
- 2024 incentives based equally on Revenue, CP, Adj EBITDA, Adj EBITDA-LCS, and individual performance; minimum thresholds range from 80% to 90% of targets.
- 2023 payout at 112.2% of target: CFO $467,500, COO $294,563, GC $235,651; discretionary bonus to CEO $757,350.
- CEO Dushyant Sharma did not participate in 2023 Program; discretionary bonus awarded based on strong financial performance.