other material
confidence high
sentiment neutral
materiality 0.30
Mastech Digital amends CEO and CFO employment agreements with higher base salaries and new 2022 bonus targets
Mastech Digital, Inc.
- CEO Vivek Gupta's base salary set at $585,000/year, effective April 1, 2022.
- CEO eligible for annual performance bonus of $245,000 tied to 2022 revenue, non-GAAP EPS, and offshore staffing run-rate.
- CFO John Cronin's base salary set at $450,000/year, effective April 1, 2022.
- CFO eligible for $160,000 bonus based on 2022 consolidated revenue, non-GAAP EPS, and gross profit dollars.
- Performance targets and bonus payout thresholds to be determined by board (CEO) for CEO (CFO).