Business
Webjet chief’s incentive two-thirds in the money – The Australian Financial Review
On Thursday’s $3.73 share price, John Guscic would make roughly $1.95 million off the 3 million options whose conditions he has already met.
How’s this for a retention incentive? Webjet shareholders will be asked at the October 22 AGM to approve 4.5 million options to CEO John Guscic, two-thirds of which are, on Webjet’s current share price, already in the money.
John Guscic has 7 million Webjet shares, and could get 4.5 million more. Arsineh Houspian
The company says the new “one-off” long-term incentive grant, details of which were revealed on Wednesday, is aimed at encouraging executives to stick with the company. That being th…
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