NCR Voyix Corp
For the period ended Apr 22, 2025. Filed Apr 22, 2025.
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Apr 22, 2025 · Filed Apr 22, 2025
Contents
Preview of 2025 Compensation Program
The Committee regularly reviews the design and effectiveness of the Company’s executive compensation design plan. In February 2025, the Committee approved the 2025 executive compensation plan design to continue to emphasize pay for performance.
For the 2025 AIP, the Committee determined to replace the strategic scorecard (previously weighted 20%) with percentage of recurring revenue (10%), customer net promoter score (5%), and employee satisfaction score (5%). The Committee selected these categories to motivate and drive execution of the Company’s business strategy. In addition, for the 2025 LTIP the Committee selected pro forma cash flow in lieu of the free cash flow conversion metric used in the 2024 LTIP.
| Overview of 2025 Program | |
|---|---|
| Annual Incentive Plan ("AIP") | Metrics for the 2025 AIP:•Adjusted EBITDA weighted at 50% •Revenue weighted at 30%•Percentage of recurring revenue weighted at 10%•Customer net promoter score weighted at 5%•Employee satisfaction score weighted at 5% |
| Long-Term Incentive Plan ("LTIP") | Annual 2025 LTIP Mix: •50% PB-RSUs with 3-year cliff vesting•50% TB-RSUs with 3-year ratable vesting |
| Metrics for 2025 PB-RSUs:•50% of PB-RSUs: Pro Forma Free Cash Flow •50% of PB-RSUs: rTSR with Peer Group S&P 600 Information Technology | |
2025 AIP Metrics
2025 LTIP Mix
| 46 | 2025 Proxy Statement |
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