Mattel ( (MAT) ) has shared an update.
Mattel, Inc.’s Board of Directors aims to motivate CEO Ynon Kreiz’s continued leadership and bolster stock performance through a $15 million performance-based restricted stock unit grant. Kreiz’s tenure has seen significant financial gains, market share growth, and a move to an IP-driven business model with successful entertainment ventures. The grant, vesting over five years, is tied to rigorous stock price and total shareholder return metrics relative to the S&P 500, ensuring alignment with shareholder interests and company success.
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