Staff at Bolton-based AO World could share £240m pot under new share incentive scheme
manchestereveningnews.co.ukBolton-based AO World could share a bonus pot of £240million under the terms of a new incentive scheme. A new "Value Creation Plan" is intended to reward "exceptional" performance at the online retailer.It will pay out bonuses to staff for share price rises above £5.23 - it is currently £1.64 - and staff will share the £240m pot if the company's share price rises eightfold over the next five years.Company founder John Roberts - who owns 23 per cent of the business - and chief financial officer Mark Higgins would be in line to receive a maximum £20m under the scheme.Roberts, who has pledged to donate all his award to charity, said: "The decision to create an opportunity for every AO employee to receive a meaningful reward for the value they.
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