ADTRAN extends CTO Christoph Glingener employment pact, keeps base salary at €400,000
ADTN•CTO employment terms extended through 2026
ADTRAN Holdings’ Adtran Networks unit amended CTO Christoph Glingener’s employment terms through Dec. 31, 2026; base salary stays at EUR 400,000.
- Annual incentive cash bonus remains tied to total revenue, adjusted EBIT; target grant set at 60% of base salary.
- Time-based RSU awards continue; annual target set at 75% of base salary; RSU value capped at EUR 903,729.
- Introduced three-year financial plan PSU awards targeting EUR 903,729 across three annual tranches; payout based on 2026-2028 adjusted EBIT, with TSR adjustment; cap EUR 2 million.
- Total annual remuneration cap remains EUR 2.8 million; RSU and PSU grants were issued Aug. 10.
