Published: August 21, 2018
Scandal-plagued bank criticised for persisting with short-term incentivised pay
Scandal-plagued wealth management company AMP has faced criticism for handing its new chief executive an highly incentivised remuneration package that could earn him $8.3m in his first year in the job.
And the deal means Francesco De Ferrari, who is being prised away from the investment bank Credit Suisse after 17 years, could earn a further $17.7m in cash, shares and options over the next few years if he meets certain performance hurdles.
Continue reading...from The Guardian https://ift.tt/2N5oWTX
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