Bright Horizons CEO salary increased to $650k; new LTIP adds performance-based equity awards

BRIGHT HORIZONS FAMILY SOLUTIONS INC.

CEO Stephen H. Kramer's annual base salary increased to $650,000 from $509,232 for FY2023.
Target long-term equity award value raised to $3.5M from $2.176967M.
New LTIP grants 25% options, 25% performance RSUs (PRSUs), 50% service-based RSUs to NEOs.
PRSUs vest up to 200% of target based on three-year average adjusted EBITDA growth.

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