other material
confidence high
sentiment neutral
materiality 0.50
MSCI revises executive long-term equity incentives; increases target LTIP for top executives
MSCI Inc.
- New PSOs based on cumulative revenue and adjusted EPS over 3-year performance period (0-200% vesting).
- CEO Fernandez and President Pettit: 50% PSOs, 50% 3-year PSUs for 2022 annual grant.
- Other executive committee members: 35% PSOs, 35% 3-year PSUs, 30% cliff-vest RSUs.
- CEO Fernandez annual target LTIP increased from $7.5M to $10M; Pettit from $4M to $5.5M.
- Stock ownership guidelines raised: CEO/President to 12x salary; others to 8x; 25% net share retention.