<a href="https://laohu8.com/S/KTCC">Key Tronic Corporation</a> Announces New Incentive Compensation Plan with Performance-Based Targets for Fiscal Years 2026-2028
Key Tronic Corporation has announced new compensation terms for its fiscal year 2026 and beyond. Approved by the Board of Directors, the incentive compensation plan sets performance goals tied to sales growth and return on invested capital. For fiscal years 2026-2028, officers and non-employee directors could receive cash payments if the company exceeds these targets. Executives like Mr. Larsen could earn up to $400,000, while Mr. Voorhees and Mr. Hochberg are eligible for $190,000 each. Non-employee directors could receive $35,000. The actual payouts could range from $0 to 150% of the target based on performance. Additionally, the plan includes a bonus pool for surpassing profit goals, with payments tied to a percentage of the participant's base salary.
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