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Close Brothers Group Announces Executive Share Award and CEO Remuneration

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Close Brothers Group Announces Executive Share Award and CEO Remuneration

Close Brothers Group ( (GB:CBG) ) has shared an announcement.

Close Brothers Group plc has announced a share award under its Omnibus Share Incentive Plan to its executive director, Mike Morgan, who has recently been appointed as Group Chief Executive Officer. The award is part of the Long Term Incentive Plan and is subject to performance measures over a three-year period. Additionally, Mr. Morgan will receive an annual salary of £968,000 and a pension allowance, with his total restricted stock awards for the 2025 financial year valued at £650,000. These remuneration arrangements align with the Directors’ Remuneration Policy approved by shareholders.

More about Close Brothers Group

YTD Price Performance: 82.23%

Average Trading Volume: 427

Technical Sentiment Signal: Buy

Current Market Cap: $546.3M

Learn more about CBG stock on TipRanks’ Stock Analysis page.

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