Fox Factory Holding (FOXF) just unveiled an update.
Fox Factory Holding Corp. has updated its incentive structure under the 2022 Omnibus Plan by adopting two new forms of performance share unit award agreements, aimed at enhancing stockholder value and executive retention. The agreements introduce Adjusted EBITDA Margin Percentage and Revenue Growth as the key performance metrics for granting performance-based restricted stock units to eligible participants, reflecting the company’s focus on profitability and ambitious revenue expansion.
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