Profil:
CCC SACCC Group CEO proposes bonus programme for himself and Authentic Brands Group CEO
Listed footwear group CCC is proposing a five-year bonus programme for himself and Jamie Salter, CEO of Authentic Brands Group, which would trigger at a share price of PLN 300 (EUR 69.18), CCC CEO Dariusz Milek has announced.
"Two people will make a difference in this organisation: me and Jamie Salter. You will see the results," Milek told a conference.
"We will be putting an incentive programme under discussion. (...) It will initially be launched at a share price of PLN 300, in which case there is a bonus for two people, this is the right to dispose of shares," he added.
According to the assumptions of the 5-year bonus programme presented at the presentation, at the price of CCC shares at the level of PLN 300 (EUR 69.18), Dariusz Milek would have the right to 300,000 shares and Jamie Salter to 450,000.
Authentic Brands Group (Authentic) is one of the world's largest licensors, owning more than 50 well-known brands.
CCC Group has licensing agreements with the company. Jamie Salter, founder and chairman of Authentic Brands Group, became chairman of CCC Group's Strategy and Development Committee a few months ago.
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