other material
confidence high
sentiment neutral
materiality 0.65
BBX Capital increases chairman, vice chairman salaries to $750k; boosts CEO/CFO bonus targets
BBX Capital, Inc.
- Chairman Alan B. Levan and Vice Chairman John E. Abdo base salary increased from $400k to $750k each.
- CEO Jarett S. Levan and EVP Seth M. Wise bonus potential raised from 60% to 100% of $900k base salary.
- CFO Brett Sheppard base salary raised to $350k; bonus potential increased from 50% to 60% of base.
- Changes effective for fiscal year ending Dec 31, 2022.