Dolby sets 2027 executive bonus plan funding cap at 150% of target
DLB•Dolby Laboratories adopted a fiscal 2027 executive cash bonus plan that caps funding at 150% of target; CEO Marc Whitten’s target bonus is 100% of his base salary. A new severance policy provides eligible executives with up to 150% of salary and target annual incentives for qualifying terminations tied to a change in control.
1. Bonus plan
Dolby Laboratories adopted its fiscal 2027 executive cash bonus plan on November 10, 2026, capping funding at 150% of target. CEO Marc Whitten will receive 100% of his target bonus, equivalent to 100% of his base salary.
2. Severance policy
A policy adopted November 9, 2026, provides eligible executives with 100% of salary and target annual incentives for qualifying terminations. The amount rises to 150% for qualifying terminations within 60 days before or 12 months after a change in control. Change-in-control benefits include full vesting of time-based equity and up to 18 months of health coverage, compared with 12 months for other qualifying terminations.
