Allient amends executive pay for Heidrive group president Helmut Pirthauer through 2027
Allient's German subsidiary Heidrive GmbH signed a third amendment to the employment contract of Helmut D. Pirthauer, a Vice President and Group President, effective December 18, 2024. The amendment extends the agreement through December 31, 2027 and sets his base salary and target bonus for 2024 through 2027. The change is administrative and the filing gives no effect on company financial results.
Key points
- Amendment signed January 7, 2025 and effective December 18, 2024
- Employment agreement now runs until December 31, 2027
- Base salary rises from €325,000 in 2024 to €432,000 in 2027
- Target bonus is €126,000 for 2024, then 40%, 45% and 45% of base salary for 2025 to 2027
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 10, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.