Corporate Travel Management has shelled out almost $15 million in bonus shares to top managers despite missing earnings targets for the equity award.
The move came from an unprecedented board decision at the $3 billion travel agency to overrule the missed hurdle, and instead “reward senior executives for their achievements over the last two years” amid COVID-19’s upheaval.
Loading...
Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
