other material
confidence high
sentiment neutral
materiality 0.30
Eagle Materials approves FY2025 bonus plans: CEO Haack gets 28% of 1.2% operating earnings pool
EAGLE MATERIALS INC
- FY2025 bonus pool set at 1.2% of company's operating earnings; no pool if earnings below 50% of budget.
- Max bonus per participant capped at 3X annual base salary.
- CEO Michael R. Haack allocated 28.0% of pool; CFO D. Craig Kesler 12.0%; GC Matt Newby 7.0%.
- Special Situation Program funded by 0.2% of EBITDA plus unearned portions of other bonus pools.
- Programs adopted May 16, 2024, for fiscal year ending March 31, 2025.