leadership
confidence high
sentiment neutral
materiality 0.50
Array Technologies modifies 2022 Leadership Incentive Plan metrics
Array Technologies, Inc.
- EBITDA weight reduced from 60% to 50% of corporate performance portion.
- STI Operations removed from EBITDA and cash conversion cycle measurements.
- New "STI Integration Success" category added, weighted at 10% of LIP.
- STI Integration Success measured 40% on financial targets and 60% on integration effectiveness.
- Remaining 10% of LIP based on individual Section 16 officer performance.