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.
Subscribe from just €1 for the first month!
Exclusive offers:
All Digital Access + eReader
Trial
€1
Unlimited Access for 1 Month
*New subscribers only
Annual
€200
€149 For the 1st Year
Unlimited Access for 1 Year
Quarterly
€55
€42
90 Day Pass
2 Yearly
€315
€248
Unlimited Access for 2 Years
Team Pass
Get a Business Account for you and your team
Related Stories
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures
The Daily Briefing
What’s coming up today and what you might have missed
The Daily Briefing
What’s coming up today and what you might have missed.