Sonic Automotive Sets 2026 Executive Bonuses Tied to EPS and Customer Satisfaction

Reuters
02/13
Sonic Automotive Sets 2026 Executive Bonuses Tied to EPS and Customer Satisfaction

Sonic Automotive Inc. has announced new parameters for determining performance-based cash bonuses for its top executive officers for the 2026 performance period. The plan, approved by the Compensation Committee, covers Chairman and CEO David Bruton Smith, President Jeff Dyke, and Executive Vice President and CFO Heath R. Byrd. Bonus payouts will be based on the achievement of adjusted earnings per share targets and customer satisfaction goals, measured by the percentage of dealerships meeting objectives set by their respective manufacturers. Final bonus amounts will be determined after the performance period ends, with payments to be made by March 15, 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sonic Automotive Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001628280-26-007898), on February 13, 2026, and is solely responsible for the information contained therein.

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