other material
confidence high
sentiment neutral
materiality 0.40
Laureate Education amends CEO Eilif Serck-Hanssen's compensation; base salary $1M, one-time RSU $5M
LAUREATE EDUCATION, INC.
- Annual base salary increased to $1,000,000 effective January 1, 2025.
- Annual target bonus opportunity set at 130% of base salary for FY2024 and thereafter.
- One-time RSU award of $5,000,000 vesting 50% on Dec 12, 2025 and Dec 12, 2026.
- Annual target long-term incentive equity grant of 350% of base salary starting FY2025.
- Six-month notice required for termination without cause by either party; severance per Company Severance Policy.