StockWatch
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Industrial Machinery/Components
Board MeetingApr 23, 2026, 06:07 AM

Teledyne Boosts Executive Salaries, Approves Incentive Plan

AI Summary

Teledyne Technologies' Board of Directors ratified compensation adjustments for key executives, effective April 1, 2026. Stephen F. Blackwood, CFO, received a salary increase to $660,000 and eligibility for a stock option grant valued at 95% of his base salary. Jason VanWees, Vice Chairman, saw his salary rise to $613,000, and Melanie S. Cibik, EVP, General Counsel, Chief Compliance Officer and Secretary, had her salary increased to $603,000, with eligibility for a stock option grant valued at 90% of her base salary. Additionally, stockholders approved the Amended and Restated Teledyne Technologies Incorporated 2014 Incentive Award Plan at the Annual Meeting.

Key Highlights

  • CFO Stephen F. Blackwood's salary increased to $660,000, eligible for 95% stock option grant.
  • Vice Chairman Jason VanWees's salary increased to $613,000.
  • EVP Melanie S. Cibik's salary increased to $603,000, eligible for 90% stock option grant.
  • Stockholders approved the Amended and Restated 2014 Incentive Award Plan.