Air Transport Services Group Inc (ATSG) has released an update.
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Air Transport Services Group, Inc. has revised its Executive Incentive Compensation Plan to motivate its executives, including top officers, to meet short-term corporate objectives by offering cash bonuses tied to performance. Free cash flow has been newly included as a key performance measure, alongside metrics like net income and strategic goals. The potential bonuses vary by role, with the CEO able to earn up to 160% of their base salary, while other executives have different thresholds and targets. These incentive changes align executive rewards more closely with the company’s financial health and strategic success.
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