leadership
confidence high
sentiment neutral
materiality 0.40
AGNC amends Gary Kain's employment: $1.8M target bonus, $2.1M LTIA for 2025
AGNC Investment Corp.
- 12-month initial term from Jan 1, 2025; auto-renews annually unless 90-day notice given.
- Annual cash bonus target of $1.8M for 2025+; payout 0-200% based on performance metrics.
- Annual long-term incentive award target $2.1M: 67% performance-vested over 3 years, 33% time-vested.
- Base salary unchanged at $500K/year; termination provisions unchanged.
- Agreement effective Jan 1, 2025, supersedes prior Dec 10, 2020 agreement.