leadership
confidence high
sentiment neutral
materiality 0.60
Grindr increases CFO John North's base pay to $275k, revises equity incentive targets
Grindr Inc.
- Base salary raised from $175k to $275k effective Oct 1, 2026.
- Target bonus opportunity set at 100% of base salary for FY 2026 onward.
- RSU grants at three performance tiers: $1.6M, $7M, $10.5M upon hitting market cap/stock/EBITDA targets.
- Performance thresholds: $5B, $7.5B, $10B market cap or $26, $39, $52 stock price or $275M, $412M, $550M TTM EBITDA.
- Change-in-control provisions grant RSUs if thresholds met upon a CIC.