Harmonic Inc. Boosts Executive Pay and Approves New Incentive Plan

Reuters02-10 05:37

Harmonic Inc. Boosts Executive Pay and Approves New Incentive Plan

Harmonic Inc. has approved the 2026 Key Contributor Incentive Plan, outlining new compensation terms for its top executives. Effective July 1, 2026, President and CEO Nimrod Ben-Natan’s annual base salary will increase from $618,000 to $750,000, with a target bonus set at 100% of base salary. Chief Financial Officer Walter Jankovic’s base salary will rise from $489,250 to $503,928, with an 80% target bonus, while General Counsel Timothy Chu’s salary will increase from $426,420 to $439,213, with a 65% target bonus. The plan’s performance goals are based on non-GAAP operating profit and bookings targets for fiscal 2026, with bonus payouts ranging up to 200% of the target if goals are surpassed. Additionally, amended change of control severance agreements have been approved for the named executives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Harmonic Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-042914), on February 09, 2026, and is solely responsible for the information contained therein.

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Boosts Executive Pay and Approves New Incentive Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-02-10 05:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Harmonic Inc. Boosts Executive Pay and Approves New Incentive Plan\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Harmonic Inc. has approved the 2026 Key Contributor Incentive Plan, outlining new compensation terms for its top executives. 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Boosts Executive Pay and Approves New Incentive Plan\n    \n\n        Harmonic Inc. has approved the 2026 Key Contributor Incentive Plan, outlining new compensation terms for its top executives. Effective July 1, 2026, President and CEO Nimrod Ben-Natan’s annual base salary will increase from $618,000 to $750,000, with a target bonus set at 100% of base salary. Chief Financial Officer Walter Jankovic’s base salary will rise from $489,250 to $503,928, with an 80% target bonus, while General Counsel Timothy Chu’s salary will increase from $426,420 to $439,213, with a 65% target bonus. The plan’s performance goals are based on non-GAAP operating profit and bookings targets for fiscal 2026, with bonus payouts ranging up to 200% of the target if goals are surpassed. 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