Northrop Grumman (NOC) has released an update.
Northrop Grumman Corporation’s executive compensation framework for 2024 has been set, with the focus on cash flow, segment income growth, margin rates, and non-financial goals like diversity and environmental sustainability. Additionally, executives have been granted Restricted Performance Stock Rights based on free cash flow, return on capital, and shareholder returns, with full vesting slated for 2027. The 2024 compensation plans maintain consistency with the previous year’s terms, ensuring stability in executive rewards.
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