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German American Bancorp (GABC) has provided an announcement.
German American Bancorp, Inc. has rolled out its 2024 Management Incentive Plan, setting performance-based short and long-term cash and stock incentives for its executive officers. The plan is designed with balanced scorecards that align with corporate goals, rewarding executives with cash incentives for annual performance and equity awards for three-year targets, provided the company meets certain net income benchmarks. These incentives aim to drive growth and efficiency, with adjustments ensuring they reflect the company’s core operating performance and long-term strategic objectives.
Learn more about GABC stock on TipRanks’ Stock Analysis page.
