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EBIX > SEC Filings for EBIX > Form 8-K on 26-Aug-2016All Recent SEC Filings

Show all filings for EBIX INC

Form 8-K for EBIX INC


26-Aug-2016

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers: Election of Directors:
Appointment of Certain Officers: Compensatory Arrangements of Certain Officers.

(e) Compensatory Arrangements of Certain Officers

On August 25, 2016, the Compensation Committee and Chairman of the Audit Committee of Ebix, Inc. presented its proposal to the Board of Directors to increase the Chief Executive Officer's annual salary to $2,400,000. This increase is a result of the Committee's review of the Chief Executive Officer's compensation plan for 2016 to 2018. The proposal provided that the increase in salary would be retroactive to January 1, 2016. No other elements of the existing compensation plan were changed.


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