NASDAQ — Technology: Services, Software - Application: Services-Prepackaged Software
www.manh.comManhattan Associates, Inc. announced the second installment of a $1 million signing bonus for its newly appointed President and CEO, Eric A. Clark, scheduled for payment on July 14, 2025. This installment is part of a total $3 million cash signing bonus, with payments also due on February 14, 2025, and February 14, 2026. Clark, who succeeded Eddie Capel, brings extensive experience from prior CEO roles at NTT Data North America and NTT Ltd. Americas. His compensation package includes an initial base salary of $800,000 and a significant equity incentive plan valued at $8 million, subject to performance-based vesting schedules. The appointment and associated compensation reflect the company's strategic commitment to leadership stability as it navigates market challenges.
Compensation AnnouncementOn February 14, 2026, Mr. Eric A. Clark is set to receive $2.2 million in service-based restricted stock units as part of his compensation package after assuming the role of President and CEO of Manhattan Associates, Inc. in February 2025. This vesting represents part of an equity grant that was initially valued at $8 million, with a total of $2.2 million vesting annually over several years. The vesting of these units aligns with the company's strategy to incentivize executive retention and performance. The implications of this compensation could be significant as it highlights the firm's commitment to its leadership during a transitional period.
Equity Grant VestingManhattan Associates, Inc. will pay the final installment of a $3 million signing bonus to Mr. Eric A. Clark, the company's new CEO, on February 14, 2026. Mr. Clark assumed his role as CEO on February 12, 2025, succeeding Mr. Eddie Capel. His employment agreement includes an initial annual salary of $800,000, a target cash bonus of $800,000, and additional stock compensation valued at $8 million. The signing bonus is paid in three installments, with the previous two payments made in February and July of 2025. This financial decision is part of the company's strategic plan to secure executive talent amid organizational changes.
FinancialEric A. Clark, newly appointed President and CEO of Manhattan Associates, Inc., is set to receive $2.2 million in service-based restricted stock units, which will vest on February 14, 2027. This grant is part of his executive compensation package, which includes an $800,000 annual base salary and additional cash bonuses. Mr. Clark's equity awards reflect his significant role in the company's leadership following a successful succession plan announced in early 2025, indicating the company's strategic focus on aligning executive compensation with long-term performance and shareholder value.
Equity Grant VestingManhattan Associates, Inc. announced that $1 million worth of service-based restricted stock units will vest for Mr. Eric A. Clark on February 14, 2028. Mr. Clark is set to take over as President and CEO of the company on February 12, 2025, following a transitional period. He previously held executive roles at NTT Data North America and ServiceNow. This equity award is part of a larger compensation package that includes a substantial signing bonus and an annual base salary of $800,000. The vesting of these stock units is positioned as a key element of Mr. Clark's compensation aligned with performance and company growth aspirations.
Equity Grant Vesting