Ingredion Inc
For the period ended Apr 9, 2025. Filed Apr 9, 2025.
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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 9, 2025 · Filed Apr 9, 2025
Contents
Core Compensation Practices
We are focused on creating an executive compensation program that successfully aligns the interests of the NEOs with the
interests of our stockholders. We believe our executive pay programs provide appropriate incentives to our executive officers
to achieve our financial and strategic goals without encouraging them to take excessive risks. To reinforce this alignment, we
have adopted the following governance practices to guide our compensation programs:
| ✓ What We Do | ||
| Maintain significant stock ownership requirements | Provide a majority of compensation based on objective, quantifiable, pre-established performance goals | |
| Offer limited perquisites | Engage an independent compensation consultant reporting directly to the PCC Committee | |
| Hold an annual Say-on-Pay vote and engage with stockholders throughout the year to address any pay-related questions, among other topics | Use a balance of short- and long-term incentive awards and establish diverse performance metrics for both programs | |
| Manage a clawback policy applicable to our executive officers | Benchmark executive compensation and our performance against relevant comparators | |
| Vest equity only upon a “double trigger” in the event of a change in control (“CIC”) | Conduct an annual risk assessment of our executive compensation program | |
| X What We Don’t Do | ||
| No automatic or guaranteed annual base salary increases | No payment of dividends or dividend equivalents to NEOs on unearned performance share awards | |
| No guaranteed annual or long-term incentive awards | No tax gross-ups for perquisites or in the event of a CIC | |
| No employment agreements for any executive officers | No incentives to produce short-term results to the detriment of long-term goals and results | |
| No re-pricing of underwater stock options | ||
| No authorization of hedging of Company stock by independent directors and executive officers | ||
2024 EXECUTIVE PAY HIGHLIGHTS
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