other material
confidence high
sentiment neutral
materiality 0.25
Cinemark approves amended short-term incentive plan for executives, effective 2025
Cinemark Holdings, Inc.
- STIP provides annual cash bonuses tied to performance goals set by Compensation Committee; target as % of base salary.
- Bonuses adjustable by -50% to +15% based on individual performance; capped at 200% of target.
- Employment through year-end required; pro-rata for death/disability only.
- Plan effective from 2025, replaces prior short-term incentive plan.
- Compensation Committee retains sole discretion to amend or terminate plan.