Industry News, Ink Manufacturers News

Sensient Announces Changes in Pay Practices

Approves changes to annual incentive compensation plan, long term incentive plan for elected officers

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Sensient Technologies announced that its Board of Directors has approved changes to the company’s annual incentive compensation plan and long term incentive plan for elected officers. The changes, which are in response to shareholder feedback, are intended to create an enhanced linkage of executive pay and company performance. Under the revised compensation practices, 50% of Sensient’s equity grants to elected officers in 2013 will consist of performance units, the ultimate value of which wil...

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