Adobe (ADBE) has released an update to notify the public and investors about its officers.
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On January 24, 2024, Adobe Inc.’s Executive Compensation Committee approved the 2024 Performance Share Program under the 2019 Equity Incentive Plan, granting performance share awards to executive management for achieving specific company performance goals related to stockholder return and net new sales over a three-year period. The program aims to align executives’ interests with stockholder value and to retain top talent. Performance goals are independently measured and can result in earning 0% to 200% of target shares, which vest on a specified date, contingent upon continued service. The program also includes provisions for adjusting goals for external factors and clawback policies, ensuring the executives are rewarded for genuine performance improvements.
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