other material
confidence high
sentiment neutral
materiality 0.15
JELD-WEN adopts 2025 Management Incentive Plan for executive bonuses
JELD-WEN Holding, Inc.
- Compensation Committee approved 2025 MIP for executive officers and key personnel.
- Plan provides annual cash bonus opportunities tied to corporate and individual performance; substantially similar to prior plan.
- Maximum award per participant for any plan year is 200% of target award.
- Plan effective January 1, 2025; administered by Compensation Committee with discretion to adjust awards.
- Plan authorizes adjustments for extraordinary items and committee discretion to modify performance objectives.