Massmart responds to shareholder concerns over pay
New bonus structure for executives linked to struggling Game’s performance
19 April 2021 - 20:32
Massmart, owner of Game and Builders Warehouse, has changed its bonuses structure for executives linking incentive pay with the performance of its struggling unit Game and headline earnings per share, a measure of company profitability.
Shareholders had raised concerns that the company's long-term incentive pay to executives focused too much on rewarding them for driving up sales figures rather than profitability from the sales...
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