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Travelzoo Inc (TZOO) has provided an update.
Travelzoo granted its Global Chief Executive Officer, Holger Bartel, an option to purchase 600,000 shares at $8.58 each, with a five-year term and semi-annual 25% vesting periods, starting June 30, 2024. This decision was made with the guidance of an independent consultant and received unanimous approval from the company’s independent directors and stockholders. Additionally, stockholders elected five board members, including Bartel, and passed advisory approval of executive compensation during the annual webcast meeting.
For detailed information about TZOO stock, go to TipRanks’ Stock Analysis page.
