Mitsubishi wants to triple executives' annual pay

Mitsubishi wants to triple executives' annual pay
 

Mitsubishi Motors is proposing higher salary caps that could triple the annual pay packages of its top executives.
The new limits come as the scandal-hit Japanese carmaker prepares to appoint Carlos Ghosn as chairman.
The firm wants to raise the cash limit on executive pay from 960m yen (£6.7m, $8.4m) to 2bn yen. There could also be non-cash rewards worth 1bn yen.
The new salary caps need approval by shareholders.
They are due to vote on that at an extraordinary meeting on 14 December.
Shareholders will also be asked to approve the appointment of Nissan and Renault boss Carlos Ghosn as... read more

 
1 December 2016 in Business, Views: 39
Source: BBC
Share:
  •  





    News Widget for Webmasters



    Bring Eugene's son back home immediately

    Realtime News

     

    «
    »
    Mo Tu We Th Fr Sa Su
          1 2 3 4
    5 6 7 8 9 10 11
    12 13 14 15 16 17 18
    19 20 21 22 23 24 25
    26 27 28 29 30 31