Bortolussi starts next week and will receive $3.7 million worth of shares that will vest within two years of his appointment. With a2 Milk’s share price currently depressed by the COVID-19-induced dearth of Chinese students stuffing their suitcases with formula on every trip home, surely these will be worth a bit more by the time he’s allowed to sell. Then there’s the $1.2 million cash payment upon commencement, the $1.7 million fixed salary and the access to the company’s lucrative incentive plans
can someone shed a light on where do i find the CEO incentive plans?? trying to figure out what share prices or metrics he has to acheive and if they are reasonable or if they will happen naturally with little to no work.
what is your opinion of this will he have his work cut out for himself?
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- Ann: Commencement date of MD and CEO, David Bortolussi
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