leadership
confidence high
sentiment neutral
materiality 0.25
Beachbody restores CEO Daikeler's annual base salary to $850,000 effective Jan 1, 2023
Beachbody Company, Inc.
- Salary was reduced to $1/year in Nov 2021; restored to prior level of $850,000.
- Compensation Committee cited 'substantial achievement of cost savings' in 2022 and focus on profitability.
- New salary takes effect on a going-forward basis from January 1, 2023.
- CEO Carl Daikeler remains Chairman and Chief Executive Officer.