other material
confidence high
sentiment neutral
materiality 0.30
ePlus sets FY2022 cash incentive plan metrics for CEO, COO, CFO with max payouts up to $1.75M
EPLUS INC
- Performance goals: net sales (20%), financing segment operating income (20%), EBT (30%), services gross profit (30%).
- Max cash incentive: CEO Marron $1.75M; COO Raiguel $950k; CFO Marion $950k.
- Awards adjusted to exclude extraordinary items, incentive comp expense, and acquired business results.
- Committee may reduce payouts; clawback provisions under Dodd-Frank and Sarbanes-Oxley apply.