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He also gets £1.7m from an executive incentive plan.
An executive incentive plan and employee share option plan were also approved at the meeting.
These duties can be reflected in corporate governance documents, strategic objectives, key performance indicators, corporate reports and executive incentive systems.
In addition, shares worth £5.47m have been released to Leahy from Tesco's "executive incentive scheme" since his departure.
The effect of a Buyback on an executive incentive program will depend on a variety of factors and is specific to each company and its unique incentive program.
ISS indicated that it does not endorse or prefer the use of total shareholder return or any specific metric in executive incentive programs.
Similar(45)
In doing so, we demonstrate that accounting-based performance measures alter executive incentives in critical ways.
To examine these concerns and the broader question of nonprofit executive incentives, we develop a model of nonprofit executives who are concerned with influencing external perceptions.
Executive incentives at Sears are based on nonfinancial as well as financial performance.
As with all targets for executive incentives, directors need to choose carefully to avoid unintended consequences.
A recent paper* from the Federal Reserve Bank of New York suggests that executive incentives may even be driving the business cycle by their effects on investment.The incentive problem may not apply just to executives.
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CEO of Professional Science Editing for Scientists @ prosciediting.com