other material
confidence high
sentiment neutral
materiality 0.50
CEO Stephen Berman's base salary raised to $1.8M effective Jan 1, 2023, with annual increases of at least $25k
JAKKS PACIFIC INC
- Base salary increased to $1,800,000 per year, effective January 1, 2023.
- Future annual base salary determined by Compensation Committee, but must be at least $25,000 more than prior year.
- This is the eighth amendment to Berman's employment agreement; other terms remain unchanged.
- The amendment was entered into on March 30, 2023, and filed with the SEC on March 31, 2023.