other material
confidence high
sentiment neutral
materiality 0.30
Canterbury Park raises CEO and CFO 2024 base salaries, adopts annual bonus plan
Canterbury Park Holding Corp
- CEO Randall Sampson's base salary increased 4% to $327,652; CFO Randy Dehmer's up 3.5% to $261,081.
- 2024 bonus plan uses two performance goals: adjusted income from operations (70%) and revenue (30%).
- CEO target bonus 45% of salary; CFO target bonus 35% of salary; max payout 150% of target.
- No payout if minimum performance thresholds are not met for both metrics.
- Plan awards cash incentive awards to eligible employees including named executive officers.