other material
confidence high
sentiment neutral
materiality 0.40
Weatherford approves 2024 exec comp; CEO base salary $1.25M, LTI target 700%
Weatherford International plc
- CEO Girishchandra K. Saligram receives base salary $1.25M, annual incentive target 135%, LTI target 700%.
- CFO Arunava Mitra: base salary $585k, annual incentive 90%, LTI target 350%.
- Board approves RSU/PSU grants; CEO gets 28,602 RSUs and 66,740 PSUs (target).
- Desmond J. Mills receives additional 2,724 RSUs vesting in three years.
- PSU performance period is fiscal years 2024-2026; payout range 0-200%.