Eastman Kodak raises annual incentive targets for three executives
KODK•Eastman Kodak raised salary and fiscal 2026 bonus targets for three executives. David Bullwinkle and Roger Byrd’s bonus targets rose to 50% of salary, while Richard Michaels’ target rose to 35%.
1. Pay and bonus targets
Eastman Kodak raised Roger Byrd’s annual salary to $400,000 and Richard Michaels’ to $305,000, effective January 1, 2026, with retroactive amounts payable in November. For fiscal 2026, bonus targets rose to 50% of salary for David Bullwinkle and Byrd, and 35% for Michaels; payments are due in 2027.
2. Payment terms
Bullwinkle and Byrd will receive 70% of their bonuses in cash and 30% in restricted stock units. The units vest on December 31 of the grant year, subject to continued employment through that date.
