CommScope sets $1.98M bonus for CCS president
CommScope Holding Company, Inc. disclosed a new success bonus arrangement for Koen ter Linde, Senior Vice President and President of its Connectivity and Cable Solutions (CCS) segment.
Rhea-AI Filing Summary
CommScope Holding Company, Inc. disclosed a new success bonus arrangement for Koen ter Linde, Senior Vice President and President of its Connectivity and Cable Solutions (CCS) segment. On September 2, 2025, subsidiary CommScope, LLC entered into a Success Bonus Agreement that provides a $1,980,000 cash award if he remains employed through the closing of the previously announced sale of the CCS segment to Amphenol Corporation.
The bonus is to be paid within thirty days after the transaction closes and is forfeited if he resigns before closing or is terminated for cause. If Mr. ter Linde becomes entitled to this success bonus, he will not receive compensation or benefits under his existing Severance Protection Agreement in connection with his termination at the closing of the transaction.
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8-K Event Classification
FAQ
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What executive compensation change did COMM disclose in this 8-K?
How much is the success bonus for Koen ter Linde at CommScope (COMM)?
What conditions must be met for the $1.98M bonus to be paid?
When will the CommScope success bonus be paid if earned?
How does the success bonus affect Koen ter Linde’s severance protections at COMM?
What transaction is the CommScope (COMM) bonus linked to?
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