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Arlo Technologies ( (ARLO) ) has provided an announcement.
Arlo Technologies has revamped its executive retention plan, offering performance-based restricted stock units instead of cash bonuses to CEO Matt McRae and General Counsel Brian Busse, contingent on achieving key subscriber and revenue milestones by 2027. This change is part of Arlo’s broader strategy to align executive compensation with long-term shareholder value, following shareholder feedback emphasizing performance-based equity grants. The company aims to drive growth in paid subscriptions and annual recurring revenue while ensuring executive retention aligns with shareholder interests.
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