TD Ameritrade Holding Corporation (NASDAQ:AMTD) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Under the terms of the management incentive plan of TD Ameritrade Holding Corporation, for fiscal year 2018, the compensation of the following named executives was changed as described below:
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The annual incentive target for Timothy D. Hockey, president and chief executive officer, was increased by $750,000 to $6,500,000. Mr. Hockey’s annual incentive continues to be comprised of 30% cash and 70% equity. |
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The annual incentive target for Stephen J. Boyle, executive vice president and chief financial officer, was increased by $200,000 to $1,750,000. Mr. Boyle's annual incentive continues to be comprised of 50% cash and 50% equity. |
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The annual incentive target for Thomas A. Nally, executive vice president, institutional services, was increased by $150,000 to $2,150,000. Mr. Nally's annual incentive continues to be comprised of 50% cash and 50% equity. |
About TD Ameritrade Holding Corporation (NASDAQ:AMTD)
TD Ameritrade Holding Corporation is a provider of securities brokerage services and related technology-based financial services. The Company provides its services to retail investors, traders and independent registered investment advisors (RIAs). The Company provides its services through the Internet, a national branch network and relationships with RIAs. The Company’s products and services include common and preferred stock, exchange-traded funds, options, futures, foreign exchange, mutual funds, fixed income, new and secondary issue securities, margin lending, cash management services and annuities. The Company uses its platform to offer brokerage services to retail investors and investment advisors. In addition, it also offers various products and services to retail clients, such as touch-tone trading, trading over the Internet, real-time quotes, extended trading hours and direct access to market destinations.
