NVIDIA Announces Fiscal Year 2026 Variable Compensation Plan for Executives
Santa Clara, CA – March 3, 2025 – NVIDIA Corporation (NASDAQ: NVDA) has announced the adoption of its Fiscal Year 2026 Variable Compensation Plan, providing key executives with performance-based cash incentives tied to the Company’s revenue achievement.
Key Highlights of the 2026 Variable Compensation Plan
Performance Goals: The plan is structured around specified revenue targets for fiscal year 2026, which ends on January 25, 2026.
Compensation Tiers: Eligible executives can earn awards based on three achievement levels: threshold, base, and stretch performance goals.
Eligibility Criteria: Executives must remain with the Company through the payment date to qualify for an award.
Executive Compensation Targets
The target cash award opportunities under the plan for NVIDIA’s top executives are as follows:
Named Executive Officer Title Target Award ($) Target Award as % of Base Salary
Jen-Hsun Huang President & CEO $3,000,000 200%
Colette M. Kress EVP & CFO $300,000 33%
Ajay K. Puri EVP, Worldwide Field Operations $650,000 68%
Debora Shoquist EVP, Operations $250,000 29%
Timothy S. Teter EVP, General Counsel & Secretary $250,000 29%
This performance-driven incentive structure aims to align executive compensation with NVIDIA’s growth objectives, reinforcing accountability and shareholder value creation.
The full details of the 2026 Variable Compensation Plan are included in Exhibit 10.1, filed with the Company’s Form 8-K.
2025-03-10
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