CEO Peter Jackson takes basic pay cut but faces big bonus boost under new compensation agreement
Flutter chief executive Peter Jackson: he will be in line for a big increase in his bonus under a new deal. Photograph: Nick Bradshaw
His current bonus is set at between 190 per cent and 285 per cent. Flutter said it would remain at this level for 2024. Separately, Flutter will give him 42,297 shares in three years time provided the group meets certain performance targets. The group’s executives received nothing under a 2021 incentive scheme as Flutter’s shares failed to perform in line with the targets required for share options to vest.
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