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Add as a preferred source on GoogleGlencore Proposes Faster CEO Pay Payout if the Company Is Taken Over
The proposed change would apply to CEO Gary Nagle’s long-term share awards in a takeover.
A proposed change to Glencore CEO Gary Nagle’s pay terms would let him cash out long-term share awards sooner if the company is taken over.
The change remains a proposal. It concerns the timing of Nagle’s access to those awards in a takeover scenario.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.