Meta's board committee approved raising non-CEO named executive officers' target bonus from 75% to 200% of base salary on Feb 13, 2025

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

Meta Platforms said in an 8-K, a US company's report of a material event, that its board's Compensation, Nominating & Governance Committee approved an increase on Feb 13, 2025 in the target bonus for each named executive officer other than the chief executive, from 75% of base salary to 200%. The increase was effective beginning with the 2025 annual performance period. The filing said the committee considered that those officers' target total cash compensation had been at or below the 15th percentile of that of executives in similar positions at the company's peer group, and that with the increase it stood at approximately the 50th percentile. Meta filed the 8-K on Feb 20, 2025.1^,2^,3^,4^,5^,6^,7