Daktronics approved its 2027 executive compensation program, setting annual and long-term incentive targets for President and CEO Ramesh Jayaraman and three other named executive officers.

IndividualRamesh JayaramanSheila M. AndersonMatthew J. KurtenbachBrett D. WendlerRolePresident and Chief Executive OfficerChief Data and Analytics OfficerVice President of ManufacturingVice President of Design and DevelopmentType of ChangeCompensation program establishedCompensation program establishedCompensation program establishedCompensation program establishedEffective DateFiscal 2027 (program approved July 14, 2026)Fiscal 2027 (program approved July 14, 2026)Fiscal 2027 (program approved July 14, 2026)Fiscal 2027 (program approved July 14, 2026)Reason2027 Compensation Program for Covered NEOs2027 Compensation Program for Covered NEOs2027 Compensation Program for Covered NEOs2027 Compensation Program for Covered NEOsReplacement InfoNot disclosedNot disclosedNot disclosedNot disclosedBackground DetailsNamed executive officer; target: 200% of base salary long-term; 100% annual incentive targetNamed executive officer; target: 60% long-term; 55% annual incentive targetNamed executive officer; target: 60% long-term; 55% annual incentive targetNamed executive officer; target: 60% long-term; 50% annual incentive targetBoard/Committee Role ChangesNot disclosedNot disclosedNot disclosedNot disclosed

Original SEC Filing:

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.