ARAMARK Grants CEO Stock Incentives with Vesting Conditions
Company Announcements

ARAMARK Grants CEO Stock Incentives with Vesting Conditions

An announcement from ARAMARK Holdings (ARMK) is now available.

Aramark’s Board has granted CEO John Zillmer Restricted Stock Units worth $5 million, effective August 15, 2024, with a vesting condition tied to his continued employment and reaching either the third anniversary of the grant or the appointment of a successor CEO, whichever comes first. Additionally, the RSUs come with provisions for accelerated vesting should Zillmer face certain types of termination.

See more data about ARMK stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlySodexo deal for Aramark would approach ‘merger of equals,’ says Jefferies
TheFlyCiti says possible Sodexo, Aramark deal ‘unlikely to progress’
Sheryl ShethM&A News: U.S. Food Company Aramark Could be Bought by French Rival Sodexo
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App