ADTRAN Holdings Raises CTO Christoph Glingener’s Salary and Extends Contract Through 2026

Reuters12-12
ADTRAN Holdings Raises CTO Christoph Glingener's Salary and Extends Contract Through 2026

ADTRAN Holdings Inc. has announced an amendment to the employment agreement of Christoph Glingener, the company's Chief Technology Officer and a member of the management board of Adtran Networks SE. The amendment extends Glingener's contract through December 31, 2026, and increases his annual base salary to €400,000 starting October 1, 2025. Glingener will continue to be eligible for an annual incentive cash bonus award tied to total revenue and adjusted earnings before interest and taxes, with a target value equal to 60% of his base salary. He will also receive annual grants of time-based restricted stock units and performance stock units based on the company's relative total shareholder return, each with a target value equal to 40% of his base salary. His total annual remuneration will remain capped at €2,800,000.

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