Evergy, Inc. Summary of Non-Employee Director Compensation Effective May 2, 2023
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Summary
This document outlines the compensation structure for non-employee directors of Evergy, Inc. as of May 2, 2023. Directors receive annual cash retainers and equity compensation, with additional cash retainers for specific leadership and committee chair roles. No separate fees are paid for committee membership or meetings. Directors are also reimbursed for expenses and covered by company-provided liability insurance. The agreement sets forth the amounts and conditions for these payments and benefits.
EX-10.6 2 evrg-3312023xex106nonxempl.htm EX-10.6 Document
Exhibit 10.6
Evergy, Inc.
Summary of
Non-Employee Director Compensation
Effective May 2, 2023
Amount | |||||||||||
Cash — Retainer (Paid Quarterly) | |||||||||||
Annual Retainer | $115,000 | ||||||||||
Non-Executive Chair Retainer | $65,000 | ||||||||||
Lead Director Retainer | $30,000 | ||||||||||
Audit Committee Chair Retainer | $20,000 | ||||||||||
Compensation and Leadership Development Committee Chair Retainer | $20,000 | ||||||||||
Nominating, Governance, and Corporate Responsibility Committee Chair Retainer | $20,000 | ||||||||||
Finance Committee Chair Retainer | $20,000 | ||||||||||
Nuclear and Power Supply Committee Chair Retainer | $20,000 | ||||||||||
Safety and Power Delivery Committee Chair Retainer | $20,000 | ||||||||||
Cash — Committee Member Retainers and Meeting Fees | None | ||||||||||
Company Common Stock (Paid Annually Following Shareholder Meeting) | |||||||||||
Annual Equity Compensation | $155,000 | ||||||||||
Non-Executive Chair | $65,000 | ||||||||||
All members of the Board of Directors are entitled to be reimbursed for expenses, as set forth in Evergy, Inc.’s corporate governance guidelines. Evergy, Inc. also provides liability insurance to its directors under its directors and officers insurance policies. |