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Microvision (MVIS) has shared an announcement.
MicroVision, Inc. has revamped its executive compensation strategy with a new Severance and Change in Control Plan and a 2024 Executive Bonus Plan, aiming to motivate and retain key personnel through structured severance benefits and performance-based rewards. The company has also adjusted the salaries and bonus opportunities of its CFO and General Counsel, aligning with the new incentive plans. Additionally, at the annual shareholder meeting, all director nominees were elected, executive compensation was approved, and the appointment of Moss Adams LLP as the independent auditor was ratified, reflecting shareholder confidence in the company’s corporate governance.
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