other material
confidence high
sentiment neutral
materiality 0.40
OptimizeRx adopts 2022 Cash Bonus Plan; CCO salary $350k, GC $296k
OptimizeRx Corp
- Compensation Committee adopted 2022 Cash Bonus Plan aligning officer pay with strategic goals.
- Stephen Silvestro (CCO) base salary increased to $350,000; bonus target set at 60% of base.
- Marion Odence-Ford (GC/Chief Compliance Officer) base salary $296,000; bonus target 40% of base.
- Employment agreements amended for both executives effective Feb 28, 2022, with eligibility for cash/equity incentives.
- Annual meeting scheduled for June 9, 2022; stockholder proposals due by March 14, 2022.