Wizz Air's proposal aims to address the stark disparity in Jozsef Váradi’s compensation compared to peers, claiming he's 'by far the worst compensated CEO' among major airlines.
The airline argues that Váradi's restricted share award is essential due to unique challenges such as geopolitical tensions and operational issues impacting profitability and morale.
Váradi’s proposed compensation reflects the gravity of managing multiple crises, as current shares have plummeted, forecasting a bleak outlook compared to airline competitors.
Investors face pressure as concerns grow over Wizz Air’s ability to weather price wars and operational struggles, raising doubts about the viability of Váradi's leadership.
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