Incentive plan for Paddy Power Betfair boss results in share sweetener of €3.15 million

Incentive plan for Paddy Power Betfair boss results in share sweetener of €3.15 million

Paddy Power Betfair chief executive Peter Jackson has been awarded millions in free shares as part of the company’s long-term incentive plan for its top executives.

Stock exchange filings show that Jackson, who took up the role in January, was awarded 36,348 shares, which at the market’s close last week were worth €3.15 million.

The shares will vest at different stages over the next three years, subject to performance and continued employment.

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