leadership
confidence high
sentiment neutral
materiality 0.60
Worthington Enterprises sets CEO and CFO compensation; Hayek base $725K, Souza $300K
WORTHINGTON ENTERPRISES, INC.
- CEO Hayek annual base salary $725,000; CFO Souza $300,000 effective Nov 1, 2024.
- Annual bonus target: Hayek $750,000; Souza $250,000; tied to adjusted ROA and EBITDA for fiscal 2025.
- Long-term performance awards (FY 2024-2027): Hayek max 13,400 shares + $1.3M cash; Souza max 1,600 shares + $150K cash.
- Restricted stock: Hayek 19,200 shares; Souza 4,600 shares; cliff vest at 3 years, accelerated on change-in-control or termination.