The three members of Puma’s Board of Management have cost the company €14.9m in the last year. This total is made up of €2.2m fixed income including fringe benefits, €3.9m of bonus payments, and €8.8m provisions for long-term success. 70% of the latter is based on the Puma share price development and 30% on the relative performance of Kering shares.
Puma does not release individual compensation numbers. Assuming the CEO is entitled to twice the amount of the other members, his total package was ....
21 Feb 2018
Management received a very generous compensation for 2017
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Management received a very generous compensation for 2017
PUMA SE (PUM:WBO) | 0 0 0.8% | Mkt Cap: 5,000m
- Published:
21 Feb 2018 -
Author:
Hans-Peter Wodniok -
Pages:
2
The three members of Puma’s Board of Management have cost the company €14.9m in the last year. This total is made up of €2.2m fixed income including fringe benefits, €3.9m of bonus payments, and €8.8m provisions for long-term success. 70% of the latter is based on the Puma share price development and 30% on the relative performance of Kering shares.
Puma does not release individual compensation numbers. Assuming the CEO is entitled to twice the amount of the other members, his total package was ....