tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Akamai Announces Executive Compensation Tied to Performance Goals

Akamai Announces Executive Compensation Tied to Performance Goals

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Akamai (AKAM) has shared an announcement.

Akamai Technologies, Inc. has rolled out its 2024 bonus and equity compensation plans for its top executives, with a focus on achieving corporate performance objectives. Bonuses will be paid in stock rather than cash, based on revenue and adjusted operating income targets, and will be influenced by the company’s success in meeting specified ESG goals, which can modify the bonus by up to 10%. The executives will also receive various restricted stock units (RSUs) that vest over time and are contingent upon the company’s financial performance and stock market returns relative to peers.

For detailed information about AKAM stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1