other material
confidence high
sentiment neutral
materiality 0.35
Pro-Dex CEO salary raised to $350K; new bonus plan with target range $75K-$300K
PRO DEX INC
- CEO Richard L. Van Kirk's base salary increased from $305,000 to $350,000 per year, effective next bi-weekly pay period.
- Compensation Committee approved a cash bonus plan for CEO up to $140,000 per fiscal year plus additional bonus based on other business targets.
- Company anticipates Fiscal 2024 cash bonus for CEO in range of $75,000 to $300,000 based on likely achievement of performance metrics.