(Reuters) - The awards, in the form of restricted stock and stock options, are valued at about $382 million, based on the company's estimate of a $7.8 billion valuation. That works out to an average of $955,000 per employee.
"Like all Northwest employees, our management team made financial sacrifices that enabled the company to execute its successful turnaround," Roy Bostock, chairman of Northwest's compensation committee, said in a statement.
Read more at Reuters.com Bonds News
No comments:
Post a Comment