other material
confidence high
sentiment neutral
materiality 0.25
Fuel Tech adopts 2023 commission plans for SVP of Sales William E. Cummings, Jr.
FUEL TECH, INC.
- Compensation Committee approved 2023 APC and FUEL CHEM commission plans on Dec. 8, 2022.
- APC plan pays commission as a percentage of as-sold contract value for U.S. and Canada APC sales.
- FUEL CHEM plan pays commission as a percentage of net revenue from U.S. and Canada customer units.
- Specified percentages are confidential; plans effective Jan. 1 – Dec. 31, 2023.
- Plans are subject to modification, amendment, or termination at Fuel Tech's discretion.