Management ChangeNov 5, 2026, 05:07 PM
Eastman Kodak Adjusts Executive Compensation and Incentive Awards
AI Summary
Eastman Kodak Company announced changes to executive compensation. Effective January 1, 2026, the annual base salaries for General Counsel Roger Byrd and Chief Accounting Officer Richard Michaels were increased to $400,000 and $305,000, respectively. Additionally, target annual incentive awards under the Management Bonus Plan were increased for CFO David Bullwinkle, Byrd, and Michaels. A portion of these incentive awards for Bullwinkle and Byrd will now be paid in restricted stock units.
Key Highlights
- Roger Byrd's annual base salary increased to $400,000, effective January 1, 2026.
- Richard Michaels' annual base salary increased to $305,000, effective January 1, 2026.
- David Bullwinkle's target annual incentive award increased to 50% of base salary.
- Roger Byrd's target annual incentive award increased to 50% of base salary.
- Richard Michaels' target annual incentive award increased to 35% of base salary.
- 70% of incentive awards for Bullwinkle and Byrd will be paid in cash, 30% in RSUs vesting December 31.
Price Impact
More from KODK