An update from Lamar Advertising Company (LAMR) is now available.
Lamar Advertising Company’s Compensation Committee has announced an increase in base salaries for top executives, effective from April 1, 2024, with CEO Sean E. Reilly’s salary rising to $900,000 and CFO Jay L. Johnson’s to $700,000. Additionally, the target incentive cash bonuses are set at 100% and 85% of their respective annual salaries. Furthermore, significant Long-Term Incentive Plan (LTIP) Units have been issued to these executives, contingent on meeting specific financial goals, underscoring the company’s focus on performance-based compensation.
For an in-depth examination of LAMR stock, go to TipRanks’ Stock Analysis page.
