Aware Inc. Announces Executive Bonus Plan for 2025, Tying Payouts to Performance Goals

Reuters
05/14
Aware Inc. Announces Executive Bonus Plan for 2025, Tying Payouts to Performance Goals

Aware Inc. has announced its Executive Bonus Plan for 2025, approved by the company's Compensation Committee. The plan outlines performance-based bonuses for key executives, including CEO Ajay Amlani, Chief Revenue Officer Brian Krause, Chief Technical Officer Mohamed Lazzouni, and Chief Financial Officer David Traverse. The bonuses are contingent upon achieving specific performance goals, with revenue, bookings growth, and EBITDA as the key metrics. Target bonuses range from $94,760 to $183,333, and the plan specifies that no bonuses will be distributed unless the company's revenue for 2025 meets or exceeds a set threshold. Performance in relation to these goals will determine the payout, with potential adjustments for exceeding targets.

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. Aware 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: 0000950170-25-070273), on May 13, 2025, and is solely responsible for the information contained therein.

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