Air Transport Services Group Inc (ATSG) has released an update.
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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