Diligent CEO Sodi may get extra US$6.7 mln in tax-efficient bonus scheme

Wed, 05 Jun 2013

By Tina Morrison June 5 (BusinessDesk) – Diligent Board Member Services plans to offer an additional US$6.7 million of performance-related cash, shares and options to its chief executive after its earlier bonus scheme fell afoul of regulations. CEO Alessandro Sodi will be offered 4.1 million units over five years, worth an estimated US$29.1 million, replacing an earlier package worth US$22.4 million, the New York based company said in a statement to the stock exchange today. Shareholders will vote on the proposal at the company’s June 25 annu...

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