RBC Bearings CEO Hartnett base salary rises 3% to $1.59 million under new employment agreement

• RBC Bearings revised employment terms for CEO Michael J. Hartnett, resetting base salary to USD 1.59 million, retroactive to June 1, 2026.
• Agreement term runs through March 31, 2027, with automatic annual renewals unless either side gives 90 days’ notice.
• Equity award sizing shifts to the average closing share price over the six months before the annual 10-K filing.
• COO Daniel A. Bergeron’s contract was amended on the same equity award sizing change; base salary rises 3% to USD 713,482.
• Both contracts revise ROIC definitions used in pay calculations to align with historical practice.

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