Company: CRL
Filing Date: 2025-04-02
Form Type: DEF 14A
Source: 0001104659-25-030908
Chunk: 60

Company: CHARLES RIVER LABORATORIES INTERNATIONAL, INC.
Filing Date: 2025-04-02
Form: DEF 14A
Chunk 60
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 prior base salary and other compensation, the performance of the individual, any promotions or significant changes in responsibility, the Company’s overall salary annual increase budget, and internal equity considerations. None of these considerations is given specific weight. In setting base salaries for our named executives, the Committee historically has taken into account the lengthy tenure of executive officers, as well as their continued long-time superior performance, which has resulted in base salaries generally gravitating towards the top of the range approximating the targeted market benchmark. 49

Base salaries for our named executives for 2024 (approved by the Committee on February 6, 2024 but effective on March 31, 2024) were as follows:

| Name              | ​ | ​ | 2024 Salary |   |           |   | ​ |
|:------------------|:--|:--|:------------|:--|----------:|:--|:--|
| James C. Foster   | ​ | ​ | ​           | $ | 1,524,527 | ​ | ​ |
| Flavia H. Pease   | ​ | ​ | ​           | $ |   650,790 | ​ | ​ |
| Victoria Creamer  | ​ | ​ | ​           | $ |   546,190 | ​ | ​ |
| Birgit Girshick   | ​ | ​ | ​           | $ |   748,925 | ​ | ​ |
| Joseph W. LaPlume | ​ | ​ | ​           | $ |   562,380 | ​ | ​ |

Annual Cash Incentive Awards Our Compensation Program includes an annual cash bonus element that closely links a significant portion of executive pay to the achievement of short-term performance targets that are critical to meeting our stated financial objectives for the year. These targets are typically tied to specific financial metrics derived from our fiscal year operating plan. However, where appropriate, the Committee also approves non-financial goals that are designed to focus individuals on attaining objectives which include near-term, non-financial objectives that are also critical to the achievement of long-term strategic goals and ultimately promote the positive long-term financial performance of the Company. Our annual cash incentive awards are structured to appropriately reduce or eliminate the amount of such awards if performance falls short of the established performance targets, and to appropriately increase the amount of such awards if performance exceeds established targets, subject to a maximum incentive award opportunity. It is intended that the target award, when aggregated with the base salary, will provide a competitive level of cash