Long Term Incentive Plan (LTI) until FY 2013/14
The Long Term Incentive Plan (LTI) successfully introduced in fiscal year 2010/2011 was renewed for fiscal year 2013/14. 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 compared with the previous three fiscal years.
Allocation of stock rights