other material
confidence high
sentiment neutral
materiality 0.25
8x8 adopts FY2023 executive bonus plan with targets of 55-100% of base salary
8X8 INC /DE/
- Board approved executive bonus plan for fiscal year ending March 2023.
- CEO David Sipes target bonus 100% of base; CFO Samuel Wilson 65%; other NEOs 55%.
- Payouts range 0-200% of semi-annual target, based on company financial performance and individual goals.
- First-half performance metrics are revenue-based; second-half targets to be determined later.
- Minimum Non-GAAP Operating Income less Stock-in-Lieu threshold must be met for any payout.