other material
confidence high
sentiment neutral
materiality 0.25
CVD Equipment Corp approves director compensation plan with annual cash and equity of $40,000 each
CVD EQUIPMENT CORP
- Annual Board Cash Compensation set at $40,000; Annual Equity Retainer also $40,000 (stock or options).
- Committee chairs earn $10,000 (Comp, Nominating & Governance, Strategic Planning) or $25,000 (Audit).
- Non-Executive Chairman receives additional $48,000 Board Leadership Compensation.
- Plan effective October 1, 2021; based on independent consultant recommendations.