other material
confidence high
sentiment neutral
materiality 0.30
Graham Corp raises base salaries for CEO to $500K, CFO to $360K, GM to $330K; LTIP targets set at 170%/70%/60%
GRAHAM CORP
- Annual base salary for President & CEO Daniel Thoren raised to $500,000.
- CFO Christopher Thome salary raised to $360,000; VP & GM Matthew Malone salary raised to $330,000.
- Fiscal 2025 target LTIP award percentages: Thoren 170%, Thome 70%, Malone 60% of base salary.
- Salary changes approved by Board on March 27, 2024, effective immediately.