Profire Energy Ties Executive Pay to 2024 Financial Goals
Company Announcements

Profire Energy Ties Executive Pay to 2024 Financial Goals

The latest announcement is out from Profire Energy (PFIE).

Profire Energy, Inc. has launched a new incentive scheme for its top executives, tying their compensation to the company’s financial performance in 2024. The 2024 Executive Incentive Plan will potentially reward participants with both cash and stock if specific revenue, EBITDA, and other performance goals are met or exceeded. Additionally, the company has initiated a long-term incentive plan through restricted stock unit awards that vest over time and are contingent on meeting further performance criteria, aimed at aligning executive rewards with shareholder interests.

Learn more about PFIE stock on TipRanks’ Stock Analysis page.

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