Groupon Inc (GRPN) has shared an update.
Dusan Senkypl has been appointed as the permanent CEO of a major company, with a substantial compensation package including a base salary, potential bonuses, and performance-based share units contingent on meeting stock price targets and service conditions. His remuneration is structured to align with shareholders’ interests, incentivizing him to elevate the company’s stock performance. The appointment comes with a severance agreement, ensuring financial protection for Senkypl should his tenure end under specific circumstances. The company has also finalized compensatory arrangements with their CFO, Jiri Ponrt, mirroring the CEO’s incentive-focused package, subject to the same performance conditions and severance terms.
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