other
confidence high
sentiment neutral
materiality 0.25
Advanced Drainage Systems approves FY2025 cash incentive plan with 80% EBITDA weighting
ADVANCED DRAINAGE SYSTEMS, INC.
- FY2025 incentive plan uses Adjusted EBITDA (80% weight) and Total Net Sales (20% weight) for NEOs.
- Payouts range from 0% (threshold) to 200% (maximum) of target, using linear interpolation.
- Adjusted EBITDA minimum must be achieved to trigger any payout from the Net Sales measure.
- Awards will be paid in a lump sum after fiscal year end March 31, 2025.