Workhorse sets CEO salary and bonus terms
Workhorse Group Inc. reported that its Board of Directors has approved key elements of compensation for its Chief Executive Officer, Scott Griffith, who became CEO in December 2025.
Rhea-AI Filing Summary
Workhorse Group Inc. reported that its Board of Directors has approved key elements of compensation for its Chief Executive Officer, Scott Griffith, who became CEO in December 2025. The Board set Mr. Griffith’s annual base salary at $600,000, retroactive to December 15, 2025, reflecting the start of his CEO tenure.
He will also be eligible for a target cash bonus equal to 50% of his base salary under the company’s Short-Term Incentive Plan or any successor executive bonus plan. The Board stated that it intends to finalize additional compensation components and other terms of his employment and to enter into a written agreement with Mr. Griffith covering those terms.
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8-K Event Classification
FAQ
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What executive compensation changes did Workhorse Group (WKHS) disclose?
What is Scott Griffith’s base salary as CEO of Workhorse Group (WKHS)?
How is the CEO bonus at Workhorse Group (WKHS) structured?
From what date is the new CEO compensation at Workhorse Group effective?
Will Workhorse Group (WKHS) add more components to the CEO’s compensation package?
Which committee at Workhorse Group (WKHS) recommended the CEO compensation terms?
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