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

Reuters
Feb 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.

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