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Ercros SA Announces Director Remuneration Policy for 2023-2025

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Ercros SA ( (ES:ECR) ) has shared an update.

Ercros SA has outlined its current remuneration policy for directors, which was approved by the general meeting of shareholders in 2022 and is set to be in effect until 2025. The policy emphasizes transparency, moderation, and proportionality, with a maximum annual remuneration of 900,000 euros for all directors. The policy aims to attract and retain qualified individuals while ensuring independence and aligning with market standards. Notably, the executive director has waived any variable remuneration for 2024, and the policy does not include compensation for directors upon termination.

More about Ercros SA

Ercros SA operates in the chemical industry, focusing on the production of basic and intermediate chemicals. The company is known for its commitment to sustainability and long-term profitability, aligning its operations with market standards and industry practices.

YTD Price Performance: -22.38%

Average Trading Volume: 20,258

Technical Sentiment Signal: Strong Buy

Current Market Cap: €249.6M

For detailed information about ECR stock, go to TipRanks’ Stock Analysis page.

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