JAKKS Pacific, Inc. disclosed the establishment of performance criteria for the 2026 Annual Performance Bonuses for CEO Stephen G. Berman and CFO John L. Kimble. The bonuses are tied to achieving specific EBITDA targets, with maximum potential payouts of 300% and 200% of their respective 2026 base salaries.
Key takeaways
The Compensation Committee established EBITDA-based performance criteria for the 2026 Annual Performance Bonuses for CEO Stephen G. Berman and CFO John L. Kimble.
CEO Stephen G. Berman's 2026 base salary is $1,875,000 with a maximum bonus potential of 300% ($5,625,000).
CFO John L. Kimble's 2026 base salary is $632,700 with a maximum bonus potential of 200% ($1,265,400).
EBITDA targets for bonus calculation range from more than $35,587,507 to less than $65,587,507 across four tiers.
The Compensation Committee retains discretion to adjust performance criteria, bonus targets, and percentages for extraordinary items, strategic transaction fees, and economic conditions.
Bonus percentages for the CEO range from 25% to 300% of salary based on EBITDA achievement, while CFO percentages range from 25% to 200%.