Posted by: Windfair Editors
Prysmian's Leadership Team Invests in the Company
Official Press Release Prysmian Group:
Prysmian's leadership team invests in the Company as a sign of its commitment and confidence in the recovery from the pandemic-related crisis and in the Company's long-term growth prospects
CEO Battista: “This decision is consistent with the attention we have always paid to our shareholders, employees and customers. We aim to create sustainable, long-term value”
The Prysmian Group's leadership team, composed of Valerio Battista and the 20 managers directly reporting to him at world level, has informed the Company that it has accepted the Chief Executive Officer’s proposal to invest 50% of its net incentive — granted for the positive performance achieved at the level of 2019 results, in line with the objectives set by the Company — in shares of Prysmian S.p.A. The incentive will fall due in late May 2020, following the approval of the Financial Statements by the Shareholders’ Meeting of 28 April. The scheme that the leadership... ... More: Official Press Release Prysmian Group
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- Prysmian, leadership team, manager, investment, company, COVID-19, crisis, future, board, share, incentive, reinforcement