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On March 1, 2024, Roblox Corporation announced significant changes to the compensation structure for its Founder, President, and CEO, David Baszucki. The Leadership Development and Compensation Committee (LDCC) of the Board of Directors decided to cancel the CEO Long-Term Performance (LTP) Award granted in February 2021, which was contingent on achieving specific stock price goals and had not vested due to unmet targets. Instead, the LDCC approved a new compensation plan for 2024, which is entirely equity-based and valued at $25 million. This plan includes 75% performance-based restricted stock units (PSUs) and 25% time-based restricted stock units (RSUs), with no cash salary or bonus. The PSUs are tied to financial and operating performance goals, while the RSUs vest over three years of continued service. This move reflects a shift towards annual compensation reviews and aligns Baszucki's incentives with shareholder interests, emphasizing a pay-for-performance culture within Roblox.
On March 1, 2024, Roblox Corporation announced significant changes to the compensation structure for its Founder, President, and CEO, David Baszucki. The Leadership Development and Compensation Committee (LDCC) of the Board of Directors decided to cancel the CEO Long-Term Performance (LTP) Award granted in February 2021, which was contingent on achieving specific stock price goals and had not vested due to unmet targets. Instead, the LDCC approved a new compensation plan for 2024, which is entirely equity-based and valued at $25 million. This plan includes 75% performance-based restricted stock units (PSUs) and 25% time-based restricted stock units (RSUs), with no cash salary or bonus. The PSUs are tied to financial and operating performance goals, while the RSUs vest over three years of continued service. This move reflects a shift towards annual compensation reviews and aligns Baszucki's incentives with shareholder interests, emphasizing a pay-for-performance culture within Roblox.
2024年3月1日，Roblox公司宣布对其创始人、总裁兼首席执行官戴维·巴斯祖基的薪酬结构进行重大调整。董事会领导力发展与薪酬委员会 (LDCC) 决定取消 2021 年 2 月颁发的 CEO 长期绩效 (LTP) 奖励，该奖项以实现特定的股价目标为前提，由于目标未实现而未归属。相反，LDCC批准了2024年的新薪酬计划，该计划完全以股票为基础，价值为2500万美元。该计划包括75％的基于绩效的限制性股票单位（PSU）和25％的基于时间的限制性股票单位（RSU），没有现金薪水或奖金。PSU与财务和运营绩效目标息息相关，而RSU则提供三年的持续服务。此举反映了向年度薪酬审查的转变，使Baszucki的激励措施与股东利益保持一致，强调了Roblox内部的绩效薪酬文化。
2024年3月1日，Roblox公司宣布对其创始人、总裁兼首席执行官戴维·巴斯祖基的薪酬结构进行重大调整。董事会领导力发展与薪酬委员会 (LDCC) 决定取消 2021 年 2 月颁发的 CEO 长期绩效 (LTP) 奖励，该奖项以实现特定的股价目标为前提，由于目标未实现而未归属。相反，LDCC批准了2024年的新薪酬计划，该计划完全以股票为基础，价值为2500万美元。该计划包括75％的基于绩效的限制性股票单位（PSU）和25％的基于时间的限制性股票单位（RSU），没有现金薪水或奖金。PSU与财务和运营绩效目标息息相关，而RSU则提供三年的持续服务。此举反映了向年度薪酬审查的转变，使Baszucki的激励措施与股东利益保持一致，强调了Roblox内部的绩效薪酬文化。
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