Corporate GovernanceMay 18, 2026, 06:07 AM
NICE Ltd. Updates Executive & Director Compensation Policy
AI Summary
NICE Ltd. has updated its Executive & Director Compensation Policy, emphasizing a global strategy to attract and retain high-quality leadership through a comprehensive compensation structure. The policy details fixed and variable components for executives, including cash incentives (MBOs) and equity-based compensation, with specific caps and performance criteria. It also outlines remuneration for non-executive directors, separation packages, a clawback policy for financial restatements, and D&O insurance.
Key Highlights
- Executive annual cash incentive (MBO) target up to 150% of base salary, actual payment capped at 200% of target MBO.
- Aggregate MBO payments for all Executives capped at 10% of the Company’s non-GAAP net operating income.
- Equity-based compensation to include at least 50% Performance Based Equity from January 1, 2025.
- CEO equity grant cap: 0.1225% of share capital (up to 0.235% in special events).
- Other Executive equity grant cap: 0.06125% of share capital (up to 0.08175% in special events).
- Non-executive director annual equity compensation capped at $250,000.
- Aggregate annual equity for non-executive directors capped at 0.3% of outstanding share capital.
- Separation Package for Executives capped at 200% of annual base salary.
- Clawback policy for financial restatements covers a 3-year period.
- D&O liability insurance coverage up to $125,000,000.
- Policy allows for up to 15% deviation from stated limits.
Price Impact
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