leadership
confidence high
sentiment neutral
materiality 0.35
Charter enters employment agreement with EVP Chief Commercial Officer Adam Ray
CHARTER COMMUNICATIONS, INC. /MO/
- Base salary of at least $750,000; target annual cash bonus of 160% of base salary.
- Commencing in 2027, annual equity awards with grant-date fair value of at least $4,250,000.
- Top-up award of $500,000 in options and RSUs, cliff vesting on third anniversary.
- Severance: 2.0x sum of base salary plus target bonus upon involuntary termination without cause or for good reason.
- Noncompetition covenant for 2 years and non-solicitation for 1 year post-termination.