Long Term Incentive Plan (LTI) from FY 2014/15
The Long Term Incentive Plan (LTI) was revised for fiscal year 2014/15 (elimination of the TKVA comparative period, implementation of TKVA target value, same TKVA performance curve and TKVA target value for all participants). It is a Groupwide, global compensation instrument for Executive Board members and other selected executives of the thyssenkrupp Group.
The LTI is a compensation component based on long-term performance. The objective is to strengthen identification with the Group and align compensation towards long-term value generation.
The long-term aspect is based on the LTI's link to thyssenkrupp Value Added (TKVA) and the performance of the share price and the Group over a period of three fiscal years.
Allocation of stock rights