other material
confidence high
sentiment neutral
materiality 0.35
J&J Snack Foods raises CEO base salary to $900k, grants performance shares to CEO and CFO
J&J SNACK FOODS CORP
- CEO Dan Fachner's base salary increased from $875,000 to $900,000; target bonus remains at 100% of base.
- CEO long-term incentive target raised from 150% to 167% of base salary; total potential comp up 7.7% YoY.
- CEO granted 9,677 performance share units (50% time-vest, 50% performance) vesting Sept 2024 on cumulative EBITDA.
- CFO Ken Plunk granted 2,580 performance share units (50% time-vest, 50% performance) with same vesting terms.