other material
confidence high
sentiment neutral
materiality 0.30
Vontier Corporation amends Executive Incentive Compensation Plan effective February 24, 2025
Vontier Corp
- Board approved amendment to Executive Incentive Compensation Plan on February 24, 2025.
- Performance goals include EPS, TSR, ROIC, EBITDA, free cash flow conversion, and strategic criteria.
- Participants voluntarily terminating during performance period are ineligible for awards, with exceptions for retirement, death, or disability.
- Awards calculated using base salary as of last day of performance period, with proration for new hires, promotions, or demotions.
- Maximum award payout capped at 200% of target under the plan.