fromFast Company
1 day agoGameStop says CEO compensation package doesn't include any guaranteed pay
The video game retailer said in a regulatory filing on Wednesday that Cohen would have to grow its market capitalization to $100 billion and it would need to hit $10 billion in cumulative performance EBITDA - or earnings before interest, taxes, depreciation and amortization - for his award to fully vest. GameStop said Cohen won't receive any guaranteed pay, which it defines as no salary, no cash bonuses, and no stock that simply vests over time.
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