other material
confidence high
sentiment neutral
materiality 0.35
ePlus grants cash performance awards and first-ever performance stock units to top executives
EPLUS INC
- CEO Marron gets $275K Cash Performance Award target; CFO Marion and COO Raiguel get $150K each.
- Performance Stock Units granted: CEO 8,173, CFO 3,269, COO 3,678, vesting over 3-year period.
- Both awards tied to operating income growth, net sales growth, and (PSUs) relative TSR vs Russell 2000.
- New cash awards and PSUs replace prior long-term cash incentive; based on Pay Governance survey recommendations.
- Total payout range: 0% to 150% for cash, 0% to 200% for PSUs, based on performance.