other material
confidence high
sentiment neutral
materiality 0.50
Meta raises non-CEO executive bonus target from 75% to 200% of base salary
Meta Platforms, Inc.
- On Feb 13, 2025, CNGC approved increase in target bonus percentage for named executive officers (excluding CEO) from 75% to 200% of base salary, effective for 2025 performance period.
- Prior to increase, target cash compensation for these executives was at or below 15th percentile of peer group.
- After increase, target cash compensation rises to approximately 50th percentile of peer group target.
- CNGC considered market data from independent compensation consultant in approving the change.