Crocs, Inc.
For the period ended Apr 23, 2024. Filed Apr 23, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Apr 23, 2024 · Filed Apr 23, 2024
Contents
Named Executive Officer Incentive Program Changes
Following the redesign of our STIP in 2022, the Committee undertook a thorough review of the named executive officer incentives to ensure 2023 and longer-term priorities are appropriately reflected. Accordingly, for 2023, the Committee approved modest updates to our STIP and more significant changes to our LTIP design, in each case, as summarized below.
The primary objectives of the LTIP changes were to continue to align rewards with progress towards the Company’s longer- term goals.
Meridian, the Committee’s independent compensation consultant, assisted in the updates and changes to our incentive programs and provided independent and market-based perspectives to support the process.
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