Watches of Switzerland Sets Executive Incentives

Watches of Switzerland Group PLC (GB:WOSG) has released an update.

Watches of Switzerland Group PLC has granted nil cost options to key executives as part of their 2019 Long Term Incentive Plan, which are contingent on meeting specific EPS and ROCE performance targets over a three-year period. The equity awards will vest in 2027, with a subsequent two-year holding period. The announcement details the awarding of these options to the CEO Brian Duffy and CFO Anders Romberg, with vested interests tied to the company’s financial performance.

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