Teledyne approves 2024 executive bonuses and sets 2025 pay targets
On January 21, 2025, Teledyne's Personnel and Compensation Committee authorized 2024 annual incentive bonuses and 2022-2024 Performance Plan payouts for five named executive officers, and the board ratified the actions. The committee also set 2025 bonus targets, a 2025-2027 restricted stock unit program, and a 2025-2027 Performance Plan, with awards tied to operating profit, revenue and total shareholder return.
Key points
- Committee met on January 21, 2025; the Board of Directors ratified the actions.
- 2024 AIP bonuses: CEO Edwin Roks $769,800; CFO Stephen F. Blackwood $317,300; Executive Chairman Robert Mehrabian $1,176,100.
- 2022-2024 Performance Plan goals were achieved at 70.3% of target; Roks received $231,990 and Mehrabian $1,237,280.
- 2025 AIP target for the CEO is 120% of base salary; 2025-2027 restricted stock units vest only if total shareholder return reaches at least the 25th percentile of the S&P 500.
The filing
Written by AI on Nov 8, 2026, 1:10 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 22, 2025.
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