Axon Enterprise (AAXN) Tops Q4 EPS by 16c

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Go back to Axon Enterprise (AAXN) Tops Q4 EPS by 16c

Axon Enterprise (AAXN) Says CEO Rick Smith Relinquished Salary for Ten-Year Performance Plan

February 27, 2018 4:42 PM EST

Axon (Nasdaq: AAXN), the global leader in public safety technology, today announced a ten-year CEO performance award for CEO and founder Rick Smith tied entirely to achieving market cap and financial performance milestones that would make Axon one of the most valuable companies in the public safety sector. For the award to fully vest, Axon's market cap would have to grow ten-fold from recent levels to $13.5 billion, and key revenue and profitability goals would also have to be achieved. The award is modeled after the recently announced 2018 Tesla CEO compensation plan for Elon... More