other material
confidence high
sentiment neutral
materiality 0.40
AerSale boosts CEO equity target to 300% of base salary; raises CFO pay
AerSale Corp
- CEO Nicolas Finazzo's annual target equity incentive increased from 200% to 300% of base salary.
- CFO Martin Garmendia's base salary raised to $425,000 (from $400,000); cash bonus target to 60% of salary.
- CFO's annual equity incentive target raised to 100% of base salary from 95%.
- Equity awards split: 50% performance RSUs (3-year cumulative target), 25% time-vesting RSUs, 25% stock options.
- Changes effective June 7, 2024, approved by Compensation Committee and Board.