other
confidence high
sentiment neutral
materiality 0.25
Quanta Services adopts 2024 incentive plans with EBITDA and ROIC performance metrics
QUANTA SERVICES, INC.
- 2024 annual plan targets executives; metrics: EBITDA (60%), EBITDA margin (20%), safety (20%).
- 2024-2026 long-term plan: ROIC with TSR modifier (65%), capital efficiency (15%), safety (10% each).
- Equity awards under 2019 Omnibus Plan; annual paid in cash, LTIP settled in stock.
- Forfeiture if not employed on payment date; clawback for restrictive covenant violations.