other material
confidence high
sentiment neutral
materiality 0.35
Vontier board approves Executive Incentive Compensation Plan with performance-based awards
Vontier Corp
- Plan covers executive officers; awards based on metrics like EPS, ROIC, EBITDA, revenue, free cash flow.
- Maximum payout capped at 200% of target; personal performance factor can adjust award from 0% to 150%.
- Prorated awards eligible for retirement, disability, or death; no award for voluntary termination or termination for cause.
- Effective March 10, 2022; administered by Compensation Committee.