On March 18, 2026, Telephone and Data Systems, Inc. (TDS) announced the approval of its 2026 Executive Officer Bonus Program by the Compensation and Human Resources Committee. This program is designed to incentivize the Vice Chair, executive vice presidents, and senior vice presidents of TDS, as well as the President and CEO of TDS Telecom, a wholly-owned subsidiary. The program emphasizes performance measures, with 80% based on company performance and 20% on individual performance. For participants other than the TDS Telecom President and CEO, the performance measure will be weighted towards TDS Telecom and Array Digital Infrastructure, Inc. The TDS Telecom President and CEO's performance will be evaluated solely on TDS Telecom's results. The program includes a mechanism for performance assessment and bonus approval by the TDS Compensation and Human Resources Committee, ensuring that no legally binding right to an award payment exists until the award amount is paid. This initiative is expected to enhance operational execution and align leadership incentives with company performance, potentially leading to a positive impact on stock price.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.