Corporate GovernanceMay 19, 2026, 04:38 PM
Transcat COO Michael West's Compensation Increased for Fiscal 2027
AI Summary
Transcat, Inc. announced that its Compensation Committee approved an increase in compensation for Michael W. West, the Company's Chief Operating Officer. Effective March 29, 2026, for fiscal year 2027, Mr. West's base salary will be $425,000 per annum. He will also be eligible for a target performance-based cash incentive award equal to 40% of his base salary and a target long-term equity incentive award equal to 65% of his base salary.
Key Highlights
- Transcat's COO Michael W. West's base salary increased to $425,000 per annum for fiscal 2027.
- Mr. West's target performance-based cash incentive award is 40% of his base salary.
- Mr. West's target long-term equity incentive award is 65% of his base salary.
- The compensation increase is effective as of March 29, 2026.
Price Impact
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