other material
confidence high
sentiment neutral
materiality 0.25
Graham Corp sets FY2023 executive cash bonus targets: CEO 100% base, CFO and VP 50% each
GRAHAM CORP
- Target bonus for CEO Daniel Thoren is 100% of base salary; CFO Christopher Thome and VP Alan Smith each at 50%.
- Performance goals weighted: 50% net income/operating income, 20% bookings, 30% personal goals.
- Payout ranges from 0% to 200% of target based on attainment of financial and personal objectives.
- Compensation Committee retains discretion to adjust final payouts upward or downward.